0
What else can I help you with?
Which stocks did best and or recovered first during the Great Depression?
the fastest recovering stocks were the gold related stocks such as homestake mining stocks. in the related links box below, I posted a link that will explain to you how the stocks were affected during the first great drepression.
Why did many businesses fall during the Great Depression?
Profits were down because customers had no money.
How many people who were alive during the great depression die each day?
A few. Some people would kill themselves because all of there money was invested in stocks. The depression did not increase violence or crimes. It actually Decreased it, because all the criminals would sell any of there weapons for spare change.
What was the value of the dollar during the great depression?
From Black Thursday in 1929 to 1932, the peak of the stock markets decline, stock prices dropped 80%
What was an obvious defect in the US banking system that was exposed during the Great Depression?
Ironically, the failure was caused in part by success. The economy was roaring in the 1920's, and the stock market was booming. The market was so attractive, in fact, that everyone wanted in, whether they had the money available or not. People and companies borrowed money to buy stocks or bought them on credit. Many stocks were bough on margin, or for a faction of the price, the resold at a profit, without the full purchase price of the stock ever having been pain. This practice led to risky investments and speculations. When the market began to fall in September 1929, nervous investors began to sell their stocks. In October, the panic spread, everyone tried to dump stocks, and the market collapsed.Thus began 'The Great Depression.'
Which stocks did best and or recovered first during the Great Depression?
the fastest recovering stocks were the gold related stocks such as homestake mining stocks. in the related links box below, I posted a link that will explain to you how the stocks were affected during the first great drepression.
What happend to many people during the great depression?
people lost their jobs because of stock market crash. everyone bought stocks before but after the great depression the stocks crashed and people lost all of their interst. many had bought so many stocks that all of their savings were gone as well.
How did buying stocks on credit contribute to the Great Depression?
When stock prices fell, people did not have the money to cover their losses.
Why did many businesses fall during the Great Depression?
Profits were down because customers had no money.
How many people who were alive during the great depression die each day?
A few. Some people would kill themselves because all of there money was invested in stocks. The depression did not increase violence or crimes. It actually Decreased it, because all the criminals would sell any of there weapons for spare change.
What are the best investments to make during a depression?
During a depression, the best investments to make are typically in safe assets like government bonds, high-quality stocks, and real estate. These investments have the potential to provide stable returns and preserve wealth during economic downturns.
What was the value of the dollar during the great depression?
From Black Thursday in 1929 to 1932, the peak of the stock markets decline, stock prices dropped 80%
Why did the market crash during the Great Depression?
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 should one invest in during a depression?
During a depression, one should consider investing in assets that are likely to hold their value or increase in value over time, such as high-quality stocks, real estate, and precious metals. It is also important to diversify investments to reduce risk.
How did an imbalance of wealth cause the great depression?
The rich were getting richer by selling stocks they bought cheap and the poor who were buying didn't know that wasn't good stock to but and lost their money
Plunge in the value of stocks followed by economic depression?
Financial panic of 1893
What was an obvious defect in the US banking system that was exposed during the Great Depression?
Ironically, the failure was caused in part by success. The economy was roaring in the 1920's, and the stock market was booming. The market was so attractive, in fact, that everyone wanted in, whether they had the money available or not. People and companies borrowed money to buy stocks or bought them on credit. Many stocks were bough on margin, or for a faction of the price, the resold at a profit, without the full purchase price of the stock ever having been pain. This practice led to risky investments and speculations. When the market began to fall in September 1929, nervous investors began to sell their stocks. In October, the panic spread, everyone tried to dump stocks, and the market collapsed.Thus began 'The Great Depression.'
