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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.

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14y ago

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What happened to banks during the stock market crash?

They folded, closed, and crashed. People lost millions of dollars and were left without money.


Did the stock market crash happen in the 20th century?

The Stock Market Crash happened in 1929 on Black Tuesday.


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It increased majoraly because of the stock market crash.


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The president during the 1929 crash stock market was?

Herbert Hoover was president of the United States during the stock market crash of 1929.


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People selling their shares


What happened to the unemployment rate after the stock market crash in 1929?

After the stock market crash in 1929, the unemployment rate in the United States significantly increased.


What president was during 1929 crash of stock market?

Herbert Hoover was president during the 1929 stock market crash. He succeeded Calvin Coolidge in March of that year.


What was a market during the great depression?

There was a Msrjet Crash during the great depression.


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 happened to the economy as a result of the stock market crash?

The money from the government had dramatically decreased


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your mom sat down