The first huge stock market crash occurred on 24 October 1929. Which of these countries were affected due to the failure of their country's banks?

USA

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Germany

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England

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India

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Solution

The correct options are
A USA
B Germany
C England
The stock market crash of 1929 caused many US banks to crash. The American financiers recalled their overseas funds which in turn caused two German banks to fail and bankrupted the Bank of England.

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The first huge stock market crash occurred on 24 October 1929. Which of these countries were affected due to the failure of their country's banks?

The correct options are A USA B Germany C EnglandThe stock market crash of 1929 caused many US banks to crash. The American financiers recalled their overseas funds which in turn caused two German banks to fail and bankrupted the Bank of England.

The correct options are
A USA
B Germany
C England
The stock market crash of 1929 caused many US banks to crash. The American financiers recalled their overseas funds which in turn caused two German banks to fail and bankrupted the Bank of England.