What was the stock market crash quizlet?
Tuesday, October 29 the stock market crashed because many investors sold their shares or pulled their money out. Billions of dollars were lost because the buyout was less than it was worth. Soon after the crash, people were in a panic and withdrew all their money from the banks.Click to see full answer. Just so,…
Tuesday, October 29 the stock market crashed because many investors sold their shares or pulled their money out. Billions of dollars were lost because the buyout was less than it was worth. Soon after the crash, people were in a panic and withdrew all their money from the banks.Click to see full answer. Just so, when did the stock market crash quizlet?Stock Market Crash – 1929 Flashcards | Quizlet.Likewise, what occurred after the stock market collapsed quizlet? – After the stock market crash, many businesses cannot find people who will invest in their growth. – Many banks fail. – Many businesses and factories fail. The stock market crash of October 1929 brought the economic prosperity of the 1920s to a symbolic end. Secondly, what were some of the causes of the stock market crash? By then, production had already declined and unemployment had risen, leaving stocks in great excess of their real value. Among the other causes of the stock market crash of 1929 were low wages, the proliferation of debt, a struggling agricultural sector and an excess of large bank loans that could not be liquidated.What were the causes of the stock market crash and the Great Depression quizlet?October, 1929. Another name for the Stock Market crash in October, 1929. Causes of the Great Depression. Banks made careless loans, people borrowed money to invest in the Stock Market, over-investment in the Stock Market, over-production of goods.
