the stock market crash of 1929 was a direct result of\n a lack of confidence in the economy.\n a mass…

the stock market crash of 1929 was a direct result of\n a lack of confidence in the economy.\n a mass practice of buying goods and services on credit.\n a surge of growth in the economy.\n an underproduction of goods in farming and manufacturing.

the stock market crash of 1929 was a direct result of\n a lack of confidence in the economy.\n a mass practice of buying goods and services on credit.\n a surge of growth in the economy.\n an underproduction of goods in farming and manufacturing.

Answer

Brief Explanations:

The 1929 stock market crash was mainly due to over - speculation and a lack of confidence. Buying on credit (installment buying) was a contributing factor but not the direct cause. The economy was showing signs of weakness before the crash, not a surge of growth. There was overproduction in many sectors (not underproduction) which led to falling prices and business failures, further eroding confidence. A lack of confidence made investors sell their stocks in large numbers, causing the crash.

Answer:

a lack of confidence in the economy.