Actually, the stock marketcrash did not provoke the financial crisis. The Stock Market crash was caused by the financial crisis. Due to the bad economic situation, the liquidity in the markets was severely affected. People were running short of cash badly. Hence they started liquidating their stock holdings to raise cash and when millions of people started selling their stocks, panic struck and the stock market crashed.
It can and has. There are controls in place now intended to help stave off a disastrous crash like that of 1929. Basically these amount to shutting down trading if the market falls more than a certain amount. It's believed this will help to calm panic selling, but it's possible that a crash could happen as the result of several consecutive days of large losses.
Stock Market Crash
(apex) black tuesday
The country entered a depression as the result of the stock market crash.
The Stock Market Crash happened in 1929 on Black Tuesday.
If you are referring to the stock market crash of 1929, that was the beginning of the Great Depression.
at the end of the stock marketday on thurs. oct,24 the market was at a selling panic attack. the profit flew down and that was the result of the Stock Market crash
The stock market crash of 1929. novanet - stock prices crashed when millions of shares of stocks were sold
Herbert Hoover was president of the United States during the stock market crash of 1929.
Yes. The stock market crash did not cause the depression. Instead the economic crisis and the depression caused the stock market crash
The term "stock market crash" means the prices dropped so low and so quickly, they were basically worthless. The crash caused panic among investors. The market didn't physically crash into anything.
yes it did
no