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In 1929, why did the stock market crash?

AGermany ceased reparation payments to the United States.

BThe Federal Reserve increased the money supply.

CDepositors lost their investments and tried to withdraw all of their savings from the banks.

DInvestors lost confidence in the stock market and rushed to sell their shares.

Verified Answer :

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D.investors lost confidence in the stock market and rushed to sell their shares

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Answer:

D. Investors lost confidence in the stock market and rushed to sell their shares.

Explanation:

This is the main reason why the stock market crashed in 1929. As investors began to lose confidence in the stock market, they rushed to sell their shares. This took place from September to late October, and led to the collapse of the New York Stock Exchange. The event was absolutely devastating for the country, and marked the beginning of the Great Depression.

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