Stock Market Crash
Of 1929
who does it affected
it affected all of the United Statesand some other countries in the world, but the effect impacted the banks most.
When Did The Stock Market Crash
The stock market crashed on October 29, 1929
A.K.A the Great Wall Street Crash, Black Tuesday.
A.K.A the Great Wall Street Crash, Black Tuesday.
Why did the Stock Market Crash?
The bubble burst and the stock started going even more down a cliff. In 1932 and 1933 they hit rock bottom, down about 80% from their highs in the late 1920's
What happened?
The stock Market Crash was the most devastating Stock market crash of the United States. When taking into consideration the full extent and duration of its fall out.
Where
it happened in Wall Street, New York
How
The Federal Reserve raised intrest rates several times in an attempt to cool the overheated economy and Stock Market. By October, a powerful bear market had commenced.