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If the Stock Market will collapse, this could mean a unexpected loss of trust in both market and the fundamental economy. The declining stock values means less wealth for buyers, whose purchases drives 70% of the market. This can also indicates less financing for new businesses, since the growing companies needs to get their sales on stocks in able to grow.Stock market meltdown would gradually lead to a slow global economy. If this situation is not fixed, then it will lead to a recession.
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What led to the stock market crash?
People were greedy
What was other names for the stock market crash?
It was known as the Crash of '29, Black Thursday, Black Monday, Black Tuesday.The nickname for the stock market crash is called Black Tuesday. This led to the Great Depression and happened in 1929.
What was the first in the chain of events that led to the Great Depression in the US?
the crash of the stock market
Was first in the chain of events that led to the Great Depression in the US?
the crash of the stock market
What was the first in the chain events that led to the great depression in the US?
the crash of the stock market
What crash led up to the great depression?
Though there were smaller underlying causes, the big crash would be the Stock Market crash of 1929.
Who was president during stock market crash that led to the great depression?
Herbert Hoover was President of the United States when the Stock Market Crashed in 1929.
What event was the catalyst of the Great Depression?
Stock Market Crash
What led to the Great Depression?
The collapse of the stock marketis what led to the Great Depression.
What event is often considered to be the starting point of the great depression?
(apex) black tuesday
What was a result of the stock market crash farmers problems and the overuse of credit?
The country entered a depression as the result of the stock market crash.
Did the stock market crash happen in the 20th century?
The Stock Market Crash happened in 1929 on Black Tuesday.
