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They lost a LOT OF MONEY

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15y ago

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What lead to a huge decline in stock prices during the stock market crash?

People selling their shares


What about share market?

In a share market, shares are bought and sold. The stock market is a share market, however besides shares of companies, other instruments like bonds, mutual funds and derivative contracts too are traded in the stock market


What did bank consumers do once word of the stock market crash spread?

Try to sell their shares.


The president during the 1929 crash stock market was?

Herbert Hoover was president of the United States during the stock market crash of 1929.


What can lead to a stock market crash?

Many things can lead to a stock market crash. An example is a natural disaster or an oil spill. When these things happen, many people sell their shares thinking the prices will go down. This causes a crash


What was stock 1930?

Stock in 1930 refers to the shares of publicly traded companies during a time marked by the aftermath of the 1929 stock market crash and the onset of the Great Depression. The market experienced significant volatility and decline as economic conditions worsened, leading to widespread unemployment and business failures. Many investors faced substantial losses, and confidence in the stock market plummeted, setting the stage for regulatory changes in the years to follow.


What president was during 1929 crash of stock market?

Herbert Hoover was president during the 1929 stock market crash. He succeeded Calvin Coolidge in March of that year.


What event is considered the start of the Great Depression?

The stock market crash of 1929. novanet - stock prices crashed when millions of shares of stocks were sold


What was a market during the great depression?

There was a Msrjet Crash during the great depression.


What happens during a stock market crash?

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


Do you lose your stocks when the market crashes?

No. You will not lose your stocks. You'll still be owning your stocks but the value of the stocks would have fallen heavily during a market crash. For ex: if you own 100 shares of X company that is worth $10 per share then your net worth is $1000. When the market crashes your stocks value might fall to $5. You will still own 100 shares but it will be worth only $500


Who was the president during the market crash of 1929?

= Herbert Hoover = The crash occured eight months into his term of office.