Respuesta :
Answer:
1. The government raised interest rates shortly before the market crash.
2. Citizens were overly skeptical about buying goods or stocks on credit.
Explanation:
The two factors that influence the stock market crash are the government raised interest rates shortly before the market crash. And citizens were overly skeptical about buying goods or stocks on credit. Thus the correct options are A and C.
Black Tuesday has been among the darkest day of the stock market exchange. On October 29, 1929, there has been a stock market crash with the trading of 16 million shares in the New York stock exchange, leading to the loss of billions.
The factors that have been contributed to the stock market crash has been:
- The rise in the interest rate by the US government leads to the loss of millions of trading stocks and has been the influential factor for the stock market crash.
- The prior rise in the citizen's interest in stocks has resulted in the liquidation of money in the market, and stocks on credit resulted in the crash of the stock market.
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