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How did the Wall Street crash happen?

Updated: 4/28/2022
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14y ago

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The Wall street Crash of 1929 occured because at that time, people were making money through shares and stocks. On October 24, 1929, stockholders started selling their stocks. Otherstockholders started to freak out and hastily put their stocks up for sale too. Well because there were lots of stocks for sale and not too many buyers, prices got lower and lower until they were hardly worth anything at all. Then on October 29, also known as Black Teusday, almost 14 billion dollars were lost. People found themselves neck-deep in debts and banks closed down because people couln't pay back their loans. So that's how the Wall street crash of 1929 happened and opened up the great depression to America.

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14y ago
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Q: How did the Wall Street crash happen?
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