Too many people got money from their stocks and the banks were running out of money. Everyone wanted their money, but the banks didn't give it to them. This resulted in everybody losing their money.
2 decades
The stock markets crashed deep 2009. This stock market crash was called the great recession.
easy because the stock market let a lot of people take other peoples money so that is how the stock market crashed. ):
3 years.
The crash took place nearly simultaneously in every market on earth except Japan between October 24 and October 29. It's mostly associated with Wall Street as the US markets took the brunt of the impact. Wall Street is a road in New York City within New York state of the United States.
stock
In order to find out what the stock market holidays are, what days they take place, and when the stock market closes you could either call the stock market and ask to speak with someone about times or somehow get access to a schedule that tells you so.
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.
An over-the-counter market does not take place in a centralized exchange place
How the stock market will respond to the next quarter, for something goes wrong then it will crash. Take India for example, The swine flu struck Mexico , but the Bombay senex crashed by 350 points. Even when we are miles away from Mexico.
during a stock market crash shares of businesses fall due to fear of them becoming worthless. this then leads to businesses not improving as there stock is worth nothing and this then forces the businesses to take out bank loans which they cannot afford to repay due to the economy crashing and money becoming worthless due to hyperinflation
Banks did not close after the Stock Market crash. The stock market crash was induced by the closure/failure of Banks.