The arbitrary home loans allowed against inadequate security is the prime reason for the downfall of U.S. Stock Market in 2008.The corrupt officials siphoned off money and made their fortune,allowing the U.S. economy to a total disarray.
snoz
snoz
The current US Subprime economic crisis caused the stock market crash in 2008 Due to lack of liquidy people started selling off their stocks to make cash. This caused a massive selling of stocks which in turn made the market crash
The term "stock market crash" means the prices dropped so low and so quickly, they were basically worthless. The crash caused panic among investors. The market didn't physically crash into anything.
when the stock market crash
High tariffs
Yes. The stock market crash did not cause the depression. Instead the economic crisis and the depression caused the stock market crash
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A declining real estate market.
people who took out loans couldn't pay them back and eventually caused a major decrease in the community's money.
The stock market crash of 1929 preceded the "dust bowl", an extensive period of drought in the midwest, which began in 1930.