What was the long term and short term causes of the 1929 crash?
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Not long after Black Tuesday the stockmarket crash was affecting?
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Were there long term effects of the stock market 1929 crash?
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The short term causes is something i do not know and is exactly what i am looking for however i know what the long term causes are. Religion, Politics, Economy. Short term causes may have something to do with how Charles used his money; on his own clothes, favourites and his family rather than on his country
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How long did the stock market crash of 1929 last?
If you mean just the crash it started a few days before it where the market dropped by 20 points or so in one hour. A few bankers put together their money in the stock market which somewhat helped but ultimately failed. Then the crash came on Black Tuesday. The Great Depression lasted until about the start of WWII.
What was a long term effect of the stock market crash-?
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How long did the stock market crash in 1929 last?
The original crash lasted 2 days, October 28 and 29, 1929. Then the stock market index continued to fall until July, 1932 when it reached its lowest point (41.22, down from 381.17 shortly before October, 1929). From then on it started a slow climb that would continue to be slow until WW 2. WW 2 then turned out to be a great boost for US industry and its stock prices. So while the crash lasted two days, the further slide downwards of stock prices lasted almost 3 years, finally losing investors about 80% of the original stock values.