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What does overspeculation mean with regards to the stock market crash of 1929?
Wiki User
∙ 9y ago
"overspeculation: During the 1920s, speculators bought stocks with borrowed money and then pledged those stocks as collateral to buy more stocks. Collateral is an item of value that the borrower agrees to forfeit to the lender if the borrower cannot repay a loan. Brokers' loans went from under $5 billion in mid-1928 to $850 billion in September 1929. The Stock Market boom was based on borrowed money and optimism instead of real value." source: PRENTICE HALL AMERICA PATWAYS TO THE PRESENT *CAYTON *PERRY *REED *WINKLER
Wiki User
∙ 9y ago
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What event was the catalyst of the Great Depression?
Stock Market Crash
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.
What is the stock market crash seen as the beginning of?
If you are referring to the stock market crash of 1929, that was the beginning of the Great Depression.
Who crashed after Hoover took office?
Not who, but rather what. The entire American stock market crashed as a result of overspeculation of stock prices and banks, leading to the worst depression in modern history.
What were the results of the 1929 stock market crash?
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
What event is considered the start of the Great Depression?
The stock market crash of 1929. novanet - stock prices crashed when millions of shares of stocks were sold
The president during the 1929 crash stock market was?
Herbert Hoover was president of the United States during the stock market crash of 1929.
Do you think the nation would have experienced depression even if the stock market had not crashed?
Yes. The stock market crash did not cause the depression. Instead the economic crisis and the depression caused the stock market crash
In 1929 what did the stock market crash into?
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.
Did the stock market crash in 1929?
yes it did
