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Many banks were closed

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Q: What was a long term affect of the stock market crash?
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What was the long term affect of the stock market crash?

the country entered into a depression


What was a long term of the stock market crash?

Many banks closed.


Not long after Black Tuesday the stockmarket crash was affecting?

Not long after black Tuesday the stock market crash was affecting millions of people who lived in the United States, many of whom had never owned any stock. Black Tuesday was the stock market crash of October 29, 1929.


How long did the stock market crash of 1929 take place?

2 decades


What was a long term effect of the stock market crash?

The long term effect of the Stock Market crash was followed by the Great Depression.


What was long term effect of stock market crash?

Many banks were closed. The country entered into a depression.


What was a long-term effect of the stock -market crash?

Many banks were closed. The country entered into a depression.


How long did it take for the stock market to recover after 1929?

A very long time. It took years, I believe, until after World War II began and perhaps even after it ended for the stock market to recover the level it has before the crash of 1929.


Not long after black Tuesday the stock market crash was affecting?

c. millions of Americans, many of whom had never owned stocks.


How long did the the Great Depression last?

The Great Depression lasted roughly ten years. It began with the stock market crash in October 1929 and ended in 1939.


Were there long term effects of the stock market 1929 crash?

There were many devastating longer term effects of the stock market crash in 1929. The most memorable was the Great Depression which resulted in the majority of Americans being displaced from their homes due to lack of employment and an economical fallout.


Does the stock market always go up?

But in my honest opinion I believe the market will always have to fluctuate upwards.