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the one in 1987
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What word is used to describe the stock market of the Great Depression?
As the depression was getting worse, the stock market was what is called a bear market. The rising market is called a bull market.
How did black Tuesday cause the great depression?
Cause of Black TuesdayThere was over speculation in the Stock Market, which was not regulated, during the 1920s..Many Americans purchased stock on credit. This was known as margin buying. Politicians did not understand the problems facing the economy so they took no action to regulate the purchase and sale of stocks. As people continued to purchase stock, the value of the shares bore little relationship to the actual health of the industry issuing the stock or the over-all health of the American economy. On September 3, 1929, the average price of shares on the New York Stock exchange peaked and then dipped sharply. For a month, prices spurted up and down, mostly down. Then on "Black Thursday," October 24, a record 13 million shares changed hands and values collapsed. The following "Black Tuesday,", October 29, the drop of shares was worse. 16 million shares of stock were dumped on the market (put up for sale). But there were no buyers. The Stock Market collapsed.
What were the causes and reasons for the Great Depression in Australia?
firstly the Great Depression first started of because of the Crash of the Wall Street Stock that happened in 1929. Economic times in the 1920s were actually very good as share markets hit record high. though this was actually part of the problem because then, alot of people decided to make money out of this by selling many more things. then by the end of it this only made it worse taking the markets to go down.people lost everything,and couldn't buy anything or do anything; they were in bad shape. all they needed to do was find jobs. of course by this time absaloutly everyone was looking for jobs as everyone found it hard to live and supply for their own needs; And all this was very difficult and very crazy during this time.This was what started the Great Depression; the fact that everyone was depressed about this downturn in the economy.
What caused the Great Depression to accelerate?
probably sounds corny but it was the depressed ppl -- think about it ..The stock market crashed which made many people lose their life savings as well as a substantial amount of debts. The Dust Bowl also caused a lot of agricultural issues leaving more unemployed and people and made inflation even worse.
How are the great depression and the great recession the same?
They arent man you arent thinking the same thing the depression is worse man dude dude dude dude you are thinking of the depression and the crash in the government7
Will stock market crash in 2009?
Very good question. I am not sure if the market will crash or not, but I am for sure that the economy is in alot worse situation than most of us know. I would say the probability is certainly very high that a crash will occur. However, I am not sure if it will be in 2009 or 2010. Only time will tell.
Of the following caused the Great Depression to get even worse following the American stock market crash?
Answer this question… Countries around the world established tariffs in an effort to protect domestic businesses.
What word is used to describe the stock market of the Great Depression?
As the depression was getting worse, the stock market was what is called a bear market. The rising market is called a bull market.
What group of people were hurt worse because of the stock market crash of 1929?
they couldn't see movies at the cinema because they didn't have money to afford it as well as they couldn't have more kids even though they wanted more
What did the stock market crash have to do with the Great Depression?
The huge stock market crash of October 1929 is viewed by many as the trigger event that initiated the Great Depression. Stock prices had soared during the 1920's as speculation ran rampant and everyone became convinced that investing in stocks was a foolproof and safe method of becoming wealthy. Huge amounts of stock purchased with credit provided by margin lending caused selling to snowball as margin calls forced stockholders to sell out which sent stock prices even lower. The collapse in asset values caused by the stock market crash crushed confidence as wealth disappeared overnight. The situation became further distressed as worried depositors panicked and started a run on the banks which lead to the collapse of thousands of banks. The banking crisis in turn resulted in a credit crisis as cash starved businesses were unable to borrow working capital and collapsed. The cascading collapse of stocks, banks, and businesses resulted in an economic collapse that the nation did not start to recover from until the advent of World War II over a decade later. There were many complex causes that lead to the 1929 stock market crash and subsequent depression making it easy to confuse cause and effect. Did the stock market crash cause the Great Depression or was the stock market crash the result of a massive credit boom, underlying weak economic fundamentals, and poor policy decisions by governments and businesses? Economists still debate the causes and stock market linkage to the Great Depression but either way the huge loss of wealth and asset values that followed in the wake of the stock market crash resulted in making the economic situation much worse.
How illicit drugs link with market failure?
the worse the economy is the better drug sales are, tobacco and beer go up on the stock market too
What does it mean to plunge in a stock market?
It means for you to go down.Example:Person A buys four toeks in the stock market. And person B buys seven toeks, then the stock market falls, Person A lost more toeks than B. Why well B has a cheaper rate of toeks or called efrets, the higher the efrets the worse.
How do you replace stock headlights with after market headlights?
If you're smart, you don't. Most aftermarket headlamps give much worse performance than new genuine (factory/original/stock) headlamps.
How did black Tuesday cause the great depression?
Cause of Black TuesdayThere was over speculation in the Stock Market, which was not regulated, during the 1920s..Many Americans purchased stock on credit. This was known as margin buying. Politicians did not understand the problems facing the economy so they took no action to regulate the purchase and sale of stocks. As people continued to purchase stock, the value of the shares bore little relationship to the actual health of the industry issuing the stock or the over-all health of the American economy. On September 3, 1929, the average price of shares on the New York Stock exchange peaked and then dipped sharply. For a month, prices spurted up and down, mostly down. Then on "Black Thursday," October 24, a record 13 million shares changed hands and values collapsed. The following "Black Tuesday,", October 29, the drop of shares was worse. 16 million shares of stock were dumped on the market (put up for sale). But there were no buyers. The Stock Market collapsed.
Is a really bumpy landing on an aircraft a crash?
No, a crash is much worse than any bumpy landing.
What threatened the economic good times 1920?
During the 1920s, agriculture wasn't doing so well. Farmers were having a hard time recovering from WWI because they had planted a surplus of food and suddenly had no market at the end of the war. And in 1929, the stock market crash occured and America went into a downward spiral into the Great Depression, ending the economic good times of the 1920s.
A 60 crash is as great as a 30mph crash?
A lot, lot worse than a 30 mph crash, as the crashing object will take longer to stop.
