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Because banks were taking the money from its investors and investing it in stocks, when people stopped buying stock the stock market crashed there fore people had lost all of there money. this is illegal now but it was a problem because no one was regulating the banks.
What else can I help you with?
What was a market during the great depression?
There was a Msrjet Crash during the great depression.
What major events happen during Herbert Hoover's term?
The stock market crash (1929) that began the Great Depression.
Why was the market crash important during the Great Depression?
it helped us be brave
What was the problem called that farmers suffered during the great depression?
stock market crash
Who was the president during the crash of the great depression?
Herbert Hoover was the president when the stock market crash of October 24,1929 occurred.
What the was cause of the Great Depression?
The Great Depression refers to the economic downfall that took place before and during World War II. This was due to a severe lack of jobs and the crash of the stock market
Who did the stock market crash effect?
The Great Depression.
When did the market crash during the great depression?
October 29, 1929, which became known as "Black Tuesday."
Where when and why did the Great Depression begin?
In October of 1929 with the crash of the stock market.
What event was the catalyst of the Great Depression?
Stock Market Crash
How was the start of the Great Depression?
The Great Depression was a direct result of the crash of the US stock market in 1929.
What set off the Great Depression?
The crash of the stock market.
