What economic phenomenon during the 1920s paved the way for the Great Depression in the U.S.? 🔊
The economic phenomenon during the 1920s that paved the way for the Great Depression in the U.S. was the stock market speculation and the ensuing market crash of 1929. Excessive investment, particularly in stocks without proper regulation, created a financial bubble. When the market crashed, it triggered widespread bank failures and massive unemployment, leading to the economic downturn.


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