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The country entered a depression.

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13y ago
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13y ago

The biggest effect was that, the whole economy of USA and many other countries were sent into a recession. People lost their jobs, banks closed, businesses went bankrupt etc. Everyone lost money

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2y ago

It led to a nationwide economic depression. Due to the crash, new acts were implemented to prevent a future clash, these acts are still standing today

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12y ago

the Great Depression

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Q: Which of these was a lasting effect of the stock market crash?
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Related questions

Who did the stock market crash effect?

The Great Depression.


How did the stock market crash of 1929 change life in the US?

The cascading effect of the stock market crash left one-third of the nation unemployed by 1932.


Which of the fallowing is an effect of the stock market crash?

global economic problems


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 event was the catalyst of the Great Depression?

Stock Market Crash


What event is often considered to be the starting point of the great depression?

(apex) black tuesday


What was a result of the stock market crash farmers problems and the overuse of credit?

The country entered a depression as the result of the stock market crash.


Did the stock market crash happen in the 20th century?

The Stock Market Crash happened in 1929 on Black Tuesday.


What is the stock market crash seen as the beginning of?

If you are referring to the stock market crash of 1929, that was the beginning of the Great Depression.


What was long term effect of stock market crash?

Many banks were closed. The country entered into a depression.


What was a long-term effect of the stock -market crash?

Many banks were closed. The country entered into a depression.


A stock market crash really effect your economy why or why not?

Stock market movement is the measure of public (investor and traders) sentiments. The stock market moves with the economic forecast in future which may nor may not turned out to be true.