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Amazon survived the dotcom crash by diversifying its business model beyond just selling books, expanding into various product categories and services, which helped to generate revenue. The company focused on building a strong customer base and enhancing its logistics and fulfillment capabilities. Additionally, Amazon maintained a commitment to long-term growth and innovation, securing investments that provided the necessary capital to weather the downturn. This strategic approach allowed Amazon to emerge stronger as the market recovered.

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What does crash crop mean?

There is no such thing as a "crash crop."


How did the stock market crash affect the economy?

The stock market crash of 1929 led to a severe economic downturn known as the Great Depression. It resulted in widespread bank failures, massive unemployment, and a significant decrease in consumer spending and investment. Businesses struggled to survive, leading to further layoffs and a contraction of economic activity, which prolonged the economic crisis throughout the 1930s. Ultimately, the crash eroded public confidence in financial institutions and prompted significant changes in regulatory policies.


Why did the Great Crash represent a hallmark in the U.S. business cycle?

The Great Crash signaled a severe contraction of the economy.


How did the Wall Street crash affect the economy?

The Wall Street crash of 1929 triggered a severe economic downturn known as the Great Depression, leading to widespread bank failures, massive unemployment, and a significant contraction in consumer spending and investment. Stock prices plummeted, erasing billions in wealth and causing panic among investors. Businesses struggled to survive, resulting in a cascade of bankruptcies and a sharp decline in industrial production. The crash fundamentally altered the financial landscape, prompting government intervention and reforms aimed at preventing future economic crises.


In 1923 why did the stock market crash?

It didn't. The crash was in 1929. The reasons are rather complex, and there are more than one. This is a link to a short article on the crash: https://en.wikipedia.org/wiki/Wall_Street_Crash_of_1929