AD is reduced and so is GDP
the country entered into a depression
Many banks were closed
Yes
oh dude you spelled stock wrong hahaha
People lost money and went into debt.
because american investors who were loaning to germany began pulling money out of germany and to invest in the stock market
Stock Market Crash
(apex) black tuesday
The term "stock market crash" means the prices dropped so low and so quickly, they were basically worthless. The crash caused panic among investors. The market didn't physically crash into anything.
The country entered a depression as the result of the stock market crash.
The 1929 market crash affected every state, including Georgia. Georgia had it especially rough since its cotton fields were also plagued by the boll weaver bug which caused cotton production to fall and prices to decline.
The Stock Market Crash happened in 1929 on Black Tuesday.