Causes of the Wall Street Crash

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  • Created by: Charlotte
  • Created on: 25-03-11 17:15

Causes of the Wall Street Crash - Why did it happen?

Economic weaknesses

  •  60% of families could not afford consumer goods.
  • Many who did buy consumer goods brought on Hire Purchase.
  • The richest soon had all the consumer goods that they wanted.
  • Tariffs (taxes on imported goods and exported goods) restricted trade.


  • Laissez-Faire means the government left people alone to act freely and sort their own problems out.
  • The Federal government thought that by not getting invoved with the economy,


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