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What was a long term effect of the stock market crash?
The long term effect of the Stock Market crash was followed by the Great Depression.
What happened on october291929?
A stock market crash on Black Tuesday.
What was other names for the stock market crash?
It was known as the Crash of '29, Black Thursday, Black Monday, Black Tuesday.The nickname for the stock market crash is called Black Tuesday. This led to the Great Depression and happened in 1929.
What major event led to Great Depression?
Stock market crash of 1929. The failure of banks, which was the impact of the stock market crash as more people withdrew their savings from the banks leading to closure. Reduction in purchases due to diminished savings. The passing of Smoot-Hawley Tariff or the Tariff Act of 1930, imposed high taxes on imported goods. visit our website: cndhearingsolution.co.nz/
What describes the chain of events that followed the stock market crash of 1929?
after the crash, frightened depositors withdrew their money and banks failed. Companies fired worker and closed factories.--novanet
What describes what happened on black Friday?
The stock market crashed, banks closed, and millions lost everything they had in the crash.
What was a long term effect of the stock market crash?
The long term effect of the Stock Market crash was followed by the Great Depression.
What was a long term of the stock market crash?
Many banks closed.
Did the stock market crash happen in the 20th century?
The Stock Market Crash happened in 1929 on Black Tuesday.
After the stock market crash what happened to America banking sector?
It collapsed as frightened depositors raced to withdraw their money.
What happened to the national debt during FDR's first term as president?
It increased majoraly because of the stock market crash.
What was a long term affect of the stock market crash?
Many banks were closed
Why were the banks one of the first institutions to feel the effects of the stock market crash?
Banks were one of the first institutions to feel the effects of the Stock Market crash because people feared for their money and rushed to withdraw their savings.
Why were banks one of the first institutions to feel the effects of stock market crash?
Banks were one of the first institutions to feel the effects of the Stock Market crash because people feared for their money and rushed to withdraw their savings.
What happened on october291929?
A stock market crash on Black Tuesday.
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 happened to the unemployment rate after the stock market crash in 1929?
After the stock market crash in 1929, the unemployment rate in the United States significantly increased.
