The stock market crash of 1929 was not predicted because its happened drastically which has massive effect on the economy.
What was the Stock market crash?
The 1929 Stock market crash was a major stock crash that happened on September 1929 when the share prices on the New York Stock Exchange collapsed drastically.
Some causes of the stock market crash includes:
- sharp and continuous steep fall in the prices of stocks
- widespread financial panic caused by the fall
In conclusion, the stock market crash of 1929 was not predicted because its happened drastically which has massive effect on the economy.
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