A decade of overproduction, vastly overextended credit, uncontrolled spending, and a get-rich-quick philosophy ended very abruptly. On October 24, 1929, excessive selling dropped prices to dangerous levels. Disaster struck on October 29,1929, when frantic stockholders offered 16,410,000 shares for sale at almost giveaway prices. Some stocks could not be sold at any price. The collapse of the stock marketcaused hundreds of thousands of stockholders to become bankrupt. The Stock Market crash greatly affected the financial community, particularly Wall Street, and marked the start of the worst economic depression in the history of the United States.
October 24, 1929 was also coined the term 'black thursday' where new york stock shares crashed, and continued to plummet for the rest of the entire month.
October 29th, 1929
October 29, 1929
October 29, 1929.
Tuesday you idiots
October 29, 1929
Blacktuesday
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.
Black Thursday
black Tuesday
Black Tuesday
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