The main causes of the 1929 crisis, also known as the Great Depression, can be attributed to a combination of factors. One of the key causes was the overproduction and underconsumption of goods, which led to a significant decrease in demand and a subsequent economic downturn. Additionally, the excessive speculation in the stock market, fueled by easy credit and inflated stock prices, created an unstable financial environment that eventually crashed. The failure of banks and the collapse of the agricultural sector further exacerbated the crisis, leading to widespread unemployment, poverty, and social unrest.
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