Answer:
Declines in consumer demand, financial panics, and misguided government policies caused economic output to fall in the United States, while the gold standard, which linked nearly all the countries of the world in a network of fixed currency exchange rates, played a key role in transmitting the American downturn
Explanation:
here's some more info Just in case
The stock market crash of 1929. During the 1920s the U.S. stock market underwent a historic expansion. ...
Banking panics and monetary contraction. ...
The gold standard. ...
Decreased international lending and tariffs. Contributed to the the Great depression too
