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Profits were down because customers had no money.

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14y ago

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How far did the prices of stock fall during the Great Depression?

18,000,500 dollars a second


Which came first the stock market or the great depression?

The Stock Market, as the fall of the market caused the Great Depression


What were some situations during the Great Depression?

A particular situation was when your penis would fall off because of malnutrition and lack of protien. People needed Viagra, but they couldn't afford of. Fortunatly this problem was solved by strap ons...which are still enjoyed today. There you go one particular situation during the great depression!!!


Did president hoover present a false or an accurate image of the depression to the american public?

President Hoover falsely claimed that Americans were protected from hunger and cold during the Great Depression, but they were not. On Black Thursday, he said the country's fundamental businesses of production and distribution were on sound footing while trying to check the beginning economic fall.


What was the name of the worldwide widespread depression in 1932?

In October 29, 1929, the US stock market fall down which was the start of economic depression that circulated around the world. . The collapsed was called "The Great Depression".


How did the Great Depression impact the United State and Germany differently?

It contributed to the fall of democracy in Germany, But not in the United States


After the fall of the economy in 1929, what did classical economists believe to be the solution to the Great Depression?

wait for the economy to achieve equilibrium


Why did people call shanty towns hoovervilles?

The word 'Hooverville' in the Great Depression was named after the President of the United States, Herbert Hoover because he allegedly let the nation fall into a depression. 'Hoovervilles' were nothing more than shanty towns built for the homeless.


Why did people in the great depression call their temporary settlement communities?

The word 'Hooverville' in the Great Depression was named after the President of the United States, Herbert Hoover because he allegedly let the nation fall into a depression. 'Hoovervilles' were nothing more than shanty towns built for the homeless.


Is property investment in Jacksonville declining?

Yes, because as of late the economy his reached it's lowest brink point since the fall of the stock market during the Great Depression. Which caused it's declining investment.


When did the Great Depression begin and end?

The Stock Market Crash of 1929 signaled the beginning of the Great Depression. By 1939 the economy was on an upswing and by 1940, after World War II had begun in Europe, the Great Depression was history.


Which country did not fall to the Nazis during world war 2?

Great Britain did not.