Which of the following was the immediate factor for the Great Depression (1929-1932)?

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The collapse of the Wall Street Exchange

Financial Impact of World War I

Fall in US exports

Collapse of banks

answer is A.

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Detailed Solution

The collapse of the Wall Street Exchange was the immediate factor of the Great Depression (1929-1932).
The Wall Street Crash, commonly referred to as the Great Crash of 1929, was a disastrous stock market collapse in the United States in the autumn of that year. It started in September and ended when the New York Stock Exchange stock values crashed in late October. The market lost almost 40% of its value in just one month. Banks suffered millions of dollars in losses and were forced to foreclose on personal and business loans, putting pressure on borrowers to repay their loans whether or not they had the money. As the toll on people rose, the crash's effects grew more widespread. The Great Depression's commencement was in decline.

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