As strains in the Stock Market accumulate, more and more investors become aware of the potential problem and its consequences. A crash usually must have a trigger to cause a sudden decline. the first six months of 1929, was a record half year. Iron and steel led the way with doubled gains.[21] Such figures set up a crescendo of stock-exchange speculation which had led hundreds of thousands of Americans to invest heavily in the stock market. A significant number of them were borrowing money to buy more stocks. By August 1929, brokers were routinely lending small investors more than two thirds of the face value of the stocks they were buying. Over $8.5 billion was out on loan, more than the entire amount of currency circulating in the U.S. at the time.
Frenzied specultation appears to be the main reason. The you tube video is interesting
The Hoover administration's hands-on approach to the economy
The federal government lowering tariffs
Stock prices had risen too high because of speculation
Economy Prices
Stocks sold for more than they were worth
the stock market crash
Yes. The stock market crash did not cause the depression. Instead the economic crisis and the depression caused the stock market crash
In October of 1929 with the crash of the stock market.
The immediate cause of the Great Depression was the stock market crash of 1929, also known as Black Tuesday.
Stock Market Crash
Economy prices
the stock market crash
Yes. The stock market crash did not cause the depression. Instead the economic crisis and the depression caused the stock market crash
excessive borrowing to buy stocks leading to the Stock Market crash of 1929
when the stock market crash
In October of 1929 with the crash of the stock market.
The immediate cause of the Great Depression was the stock market crash of 1929, also known as Black Tuesday.
The Wall Street Stock Market crash of 1929.
margin requirement
margin requirement
Stock Market Crash
(apex) black tuesday