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How Did The Stock Market Crash Of 1929 Make The Great Depression Inevitable

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Yes in my opinion the powerful stock market crash of 1929 made the great depression inevitable. On the 29 October 1929 the stock market boom burst and the prices of share are started falling down faster than they rise up. The Federal Reserve Bank began rise the interest rate and did not respond properly to the national and the public bank when they began to call in international loans and funds. Because of this action of national and public bank, public began withdrawing their personal savings which lead forcing banks to close because they did not trust the banks. If the Federal Reserve Bank lend money to the local banks and tried to balance the flow of money I think this would never happen that much. And by 1932 due to stock market crashed

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