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How did the stock market crash bankruptcy and overproduction cost people their jobs?
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Overproduction and underconsumption factored into causing the great depression by?
Too many goods were being produced in factories (overproduction), and after the stock market crash and other factors, people stopped buying goods in an attempt to save money (underconsumption).
What is the Great Depression causes?
The Stock Market crash, structural weakness of the economy, overproduction, misdistribution of wealth and an international crisis contributed to the Great Depression in the United States.
What is the great depression.?
The Stock Market crash, structural weakness of the economy, overproduction, misdistribution of wealth and an international crisis contributed to the Great Depression in the United States.
What the was cause of the Great Depression?
The Great Depression refers to the economic downfall that took place before and during World War II. This was due to a severe lack of jobs and the crash of the stock market
Why did stock market crash cause banks to fail?
People were worried that the Stock Market crash put their money at risk which made them rush to the bank to pull out all their money and it made the banks lose all their money and forced them to declare bankruptcy and many ended up crashing.
Did speculation cause the Wall Street crash?
It was the main factor that made it happen, but there was many other reasons. Such as overproduction, unequal distribution of income, loss of export market ect.
What led to the stock market crash?
People were greedy
What is the crash?
bankruptcy of lehman brother
What is the Lehman crash?
bankruptcy of lehman brother
What happened to people during the stock market crash?
People lost a lot of money in the stock market. Banks were closed, businesses declared bankruptcy, people lost their jobs, companies fired its employees to stay in business etc. everyone was in trouble and it was troubled times for all nations all over the globe.
Is it true that Most people in the US were not expecting the stock market to crash?
True;/
What can lead to a stock market crash?
Many things can lead to a stock market crash. An example is a natural disaster or an oil spill. When these things happen, many people sell their shares thinking the prices will go down. This causes a crash
