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What happened to the poor after the stock market crash in the 1930s?
Wiki User
∙ 11y ago
After the 1929 Stock Market crash, the Great Depression began in 1930 and it lasted the entire decade. Unemployment in the United States was as high as 25% and in other countries, and 33% in many other countries. Over 5,000 banks went out of business and over a hundred thousand people became homeless. The end of the depression began around the beginning of World War II.
Wiki User
∙ 11y ago
Wiki User
∙ 11y agolost there jobs money
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Where when and why did the Great Depression begin?
In October of 1929 with the crash of the stock market.
What happened on october291929?
A stock market crash on Black Tuesday.
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 event was the catalyst of the Great Depression?
Stock Market Crash
What companies went under due to the stock market crash 1929?
In 1929 a terrible thing happened. A stock market crash occurred, leaving millions of consumers and stock brokers in debt. At&T went down as well as the Dow Jones.
Did the stock market crash happen in the 20th century?
The Stock Market Crash happened in 1929 on Black Tuesday.
Where when and why did the Great Depression begin?
In October of 1929 with the crash of the stock market.
What happened on october291929?
A stock market crash on Black Tuesday.
What caused the stock market to crash in the 1930s?
people overspeculating on stocks, using borrowed money that they couldn't repay
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
How can you use the term Great Depression in a sentence?
The Wall Street stock market crash in 1929 led to the Great Depression of the 1930s.
Was the 1920s a time of poverty?
Not until the very end; the stock market crash happened in 1929, starting the Great Depression.
What event was the catalyst of the Great Depression?
Stock Market Crash
What companies went under due to the stock market crash 1929?
In 1929 a terrible thing happened. A stock market crash occurred, leaving millions of consumers and stock brokers in debt. At&T went down as well as the Dow Jones.
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.
