The stock Market Crash of 1929

you could hear the "crash" from decades to follow

The stock Market Crash

The stock market was at its highest peak in the beginning of the year 1929. Everyone was investing their life savings and all of their earned money in the stock market hoping to get big results, everybody though the stock market "always went up". In October of 1929 the fall of the stock market began, panic set in and on October 24, 1929,or also known as black Thursday, over 12,894,650 shares were traded, everyone wanted their money back. This began the stock market crash of 1929.

Reasons for the Stock Market Crash

In Conclusion

The stock market crash of 1929 was devastating and many lost their homes and their life savings, but i know that everyone has learned one or two things from this disaster and hopefully it will not happen like this ever again.