Fast forwarding a couple hundred years we find ourselves at the New York Stock Exchange in 1929. What stocks were sold at a loss to precipitate the Great Depression?
Answer General Motors
The Great Crash occurred in 1929, dismantling the US and global economy. Land speculation, large sums of money/savings being taken out of banks by citizens following the crash, monopolies and trusts all contributed to what would become the worst economic downturn in our history, the Great Depression.
Asked by Colleen Curran · Last updated 5 months ago · 258.8K views