What was one cause of the stock market crash of 1929 and the Great Depression that followed?
1. Costs associated with World War I had bankrupted the economy
2. Speculators had purchased shares of stock on margin with borrowed funds
3. Federal tax cuts had caused high inflation
4. Low farm production had weakened banks
Answers: 3
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What was one cause of the stock market crash of 1929 and the Great Depression that followed?
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