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Which of the following describes the chain of events that followed the stock market crash of 1929?

A. After the crash, the Federal Reserve System limited the money supply, and then it lowered interest rates.

B. After the crash, speculators took out loans on margin. Businesses began to increase their workforces.

C. After the crash, rural farmers took out loans to purchase equipment. When prices dropped, they could not repay their loans.

D. After the crash, frightened depositors withdrew their money and banks failed. Companies fired workers and closed factories.

Respuesta :

After the crashing of stock markets in the US, the events that had taken place were putting limits on the money supply by the fed reserve system as well as a downfall in the rates of interest.

Option A is the correct answer.

What was the stock market crash?

The stock market crash happened in the year 1929 when the stock markets of the US collapsed badly and resulting in a huge economic crisis.

When the stock markets got crashed in 1929, then the supply of money got restricted by the federal reserve system and also it decreased the rates of interest on the borrowings in the year 1927. This gave rise to the era of the Great Depression from the year 1929 to 1939.

Therefore, the events mentioned in option A would occur after the stock market crash.

Learn more about the stock market crash in the related link:

https://brainly.com/question/3584953

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