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What were the causes of the Wall Street Crash

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What were the causes of the Wall Street Crash? The Wall Street Crash was caused by both long and short term causes which led to the crash and maybe the day of the biggest financial loss ever. The huge bust in the market started as people were speculating that shares would go up and they would make huge profits. However it got to a stage where companies were over producing and started having to sell at lower prices meaning less profits and less economical growth, when experts realised that companies weren't doing that well and the market was going to crash. All together there were five key factors leading to the bust. The first factor was Overproduction in the American Industry. With the invention of machinery the companies were able to produce more at the same rate, also they produced a lot of household consumer goods such as fridges. These...

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