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What was the cause of the stock market crash?
Economy prices
What role did the stock market crash play in the collapse of economy?
The stock market crash of 1929 marked the beginning of the Great Depression, triggering a severe economic downturn. It led to a loss of consumer and investor confidence, resulting in reduced spending and investment. As businesses faced declining revenues, many failed, causing widespread unemployment. Additionally, the crash strained the banking system, leading to bank failures and further exacerbating the economic collapse.
Was the economy bad from 1960-1970?
The economy wasn't as bad as it was in the 1920's during the stock market crash.
Why did the Great Crash represent a hallmark in the U.S. business cycle?
The Great Crash signaled a severe contraction of the economy.
What did President Roosevelt do to help the economy after the stock market crash?
He introduced the New Deal
What happened to the economy as a result of the stock market crash?
The money from the government had dramatically decreased
What were some of the effects of stock marget crash in October 1929?
High unemployment, world wide depression, collapse of credit
What was the economy like in the 1930's?
it sucked because the stock market crash and money was low
What led to the Great Depression?
The collapse of the stock marketis what led to the Great Depression.
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 happened on october 1929 called black Tuesday?
The Wall Street Crash of 1929, also known as Black Tuesday, the Great Crash, or the Stock Market Crash of 1929, began on October 24, 1929, and was the most devastating stock market crash in the history of the United States, when taking into consideration the full effects of the collapse.
And what year did stock market crash in America?
The stock market crash in America occurred in 1929, with the most notable collapse happening on October 29, known as Black Tuesday. This event marked the beginning of the Great Depression, a severe global economic downturn that lasted throughout the 1930s. The crash was characterized by a significant decline in stock prices and widespread financial panic.
