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The stock market crash occured when the stock costed more than its value. During this time the stock market lost 30 billion in one week
The people ran to banks to withdraw their money and banks could not keep up
Crops were easier to make so it cost less to buy and less profit for the farmers and later there was a drought
People bought things they could not afford and took out too big of loans
Companies made too much products so they had to slow down production and lay off workers
America loaned a lot of money to its allies and they could not pay it back because they were recovering from WWI