The stock market crash of 1929 had problems that caused it. In the twenties the 10 year streak that led to the crash was when people in America had wealth and excess. It also had production of too much currency, a slowing economy, and rising interest rates. The crash was then followed by a depression, known as the Great Depression. It spread across the world that lasted a decade and was a failure to war.
The causes of the Great Depression. The people stopped barrowing money because the Federal reserve raised the interest rates. When interest gets high people have to pay all that back plus the high interest rate. They only barrow money when interest is low. After Feds raised interest rates and people withdrew their money and sold stocks it caused the economy and market to crash. Which then led to the Great Depression.
The effects on the stock market crash had on other countries all happened after World War 1. Two things raised after the war. The tariff raised and the unemployment rates raised. It cut the world trade in half because of this.
Nine thousand banks failed in the 1930s and bank deposits were uninsured. People also lost there savings. They lost it because the banks were loaning other peoples money and they came back and wanted to withdraw, but the bank didn't have it. Of course the bank didn't have it because of the loans so they had to give them money somehow by giving out more loans.
It was all a direct cause and led to World War two. In Europe, the Great Depression strengthened the communist groups because they had a back up system of where they get money and lowered the non-communist groups because they didn't have any money. In Germany all the economic problems directly gave Adolf Hitler's rise to power in 1933.
http://windowtowallstreet.com/1929marketcrash.aspx
http://en.wikipedia.org/wiki/Stock_market
https://www.youtube.com/watch?v=Fp1CttLLR0k
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