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The Stock Market Crash of 1929

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Saved by Andrew.Johnson
on October 5, 2011 at 4:24:56 pm

The Stock Market Crash of 1929

When Did It Happen-

The stock market crashed in the Fall of October, 1929.

Where Did It Happen-

The Stock Market Crash of 1929 happened in the U.S.A.

What Happened-

The crash was the drop of the value of the stock market. Before the stock market crashed people thought the market would continue to rise. So a lot of people invested in stocks.

Why Did It Happen-

How Did It Happen-

The stock market crash happened because the market loss a lot of value. Then people started to take out their stocks. This caused the market to lose even more value. People that had held stocks where know out of a lot of money. Since people had borrowed lots of money to put in stocks, the crash caused those people to have a debt. This started the Great Depression.

Who Cares That It Happened-

Everyone cares because the stock market crash effects the U.S. economy and it caused many banks to shut down and when the banks got shut down, it affects other businesses too.

"Factories had begun to overproduce consumer goods," (Stock Market Crash) but demand for those goods didn’t increase at the same rate. Prices of those goods began to fall.

Farm crops as farmers planted more wheat than was demanded on the market.

How Is It Related To The Great Depression-

Why Is It Important To Understanding The Great Depression-

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