Wall street crash, Cold war and Black america

Causes of the Wall Street Crash
The reasons that led to the Wall Street Crash can be put into two main categories:
· Those to do with the overproduction of goods.
· Those to do with money and the stock market.
Reasons linked to overproduction that led to the Wall Street Crash:
1. Companies were producing too many goods.
2. American goods could not be sold abroad because other countries had put tariffs (taxes) on them to make them more expensive.
3. When the demand for goods began to fall, workers' wages were cut and some workers became unemployed, which meant that they could no longer afford to buy the new consumer goods.
4. Farmers could not afford to buy the new consumer goods.
Reasons linked to money and the stock market that led to the Wall Street Crash:
· People were allowed to borrow too much money and they could not afford to pay it back.
· People had taken out loans or invested their savings in the stock market, but there we...