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The stock market crashed when the US gov't over-printed currency, thus starting inflation. From there, money was worth less and less which caused the prices on everything, including oil, to rise. as money was worth less, businesses began to close and banks had to be bailed out of bankruptcy with OUR taxpayer's billions. this caused stocks in businesses or corporations to plunge. it sounds like the end of the world, but really, it is not.
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∙ 11y ago
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Why stock market crash in 2008?
Because Chuck Norris is cool.
What was the date on the stock market crash?
Sept 21, 2008
When did the depression start?
It is generally believed to have started with the stock market crash of October 1929. It was caused chiefly by inflation.
Whne the stock market crashed stocks?
hi reasons for the market to crash include; 1in 2008 the lehman faulire destroyed investor confidence dody99
Define stock market crash?
A "crash" is currently defined as a drastic and rapid decline of stock values across the board. The crash of October 1929 is the most prominent, and a smaller one occurred in 1987 following the Savings & Loan scandal. Since then, while there have been several incidents of notable rapid declines in general stock values, none (including the 2008-9 decline) are generally considered to be drastic enough to be classed as a "crash".
How much was lost in stock market crash of 2008?
10 trillion
Why stock market crash in 2008?
Because Chuck Norris is cool.
What was the date on the stock market crash?
Sept 21, 2008
What caused the stocket market crash in 2008?
The current US Subprime economic crisis caused the stock market crash in 2008 Due to lack of liquidy people started selling off their stocks to make cash. This caused a massive selling of stocks which in turn made the market crash
How did Sallie Mae survive the stock market crash of 2008?
Sallie Mae, a student loan association, was able to survive the stock market crash by privatizing their company. By privatizing their company stock holders were not able to get in and grab a share making it safer and more effective in not losing their profits.
When did the depression start?
It is generally believed to have started with the stock market crash of October 1929. It was caused chiefly by inflation.
What year was the recent stock crash?
2008
Whne the stock market crashed stocks?
hi reasons for the market to crash include; 1in 2008 the lehman faulire destroyed investor confidence dody99
When did the stock market start operating?
in 2008
When did the stock market hit 10000?
2008
Define stock market crash?
A "crash" is currently defined as a drastic and rapid decline of stock values across the board. The crash of October 1929 is the most prominent, and a smaller one occurred in 1987 following the Savings & Loan scandal. Since then, while there have been several incidents of notable rapid declines in general stock values, none (including the 2008-9 decline) are generally considered to be drastic enough to be classed as a "crash".
What was the single reason that caused the stock market to crash?
The arbitrary home loans allowed against inadequate security is the prime reason for the downfall of U.S. stock market in 2008.The corrupt officials siphoned off money and made their fortune,allowing the U.S. economy to a total disarray.
