black tuesday and stock market crash
-Dow Jones Industrial average collapsed
-Continued selloff took place until 1932 when the DJIA was 89% of its 1929 peak
-People threw themselves out of buildings
-Businesses go bankrupt
-banks close
-Depression begins
-overproduction
-stock Market (buying on Margin)
-Tariffs (taxes on imports and trades)
-International debt
-Weak European economy
-Continued selloff took place until 1932 when the DJIA was 89% of its 1929 peak
-People threw themselves out of buildings
-Businesses go bankrupt
-banks close
-Depression begins
-overproduction
-stock Market (buying on Margin)
-Tariffs (taxes on imports and trades)
-International debt
-Weak European economy
summary
The Wall Street Crash of 1929, also known as Black Tuesday or the Stock Market Crash of 1929, began in late October 1929 and was the most devastating stock market crash in the history of the United States, when taking into consideration the full extent and duration of its fallout.The crash signalled the beginning of the 10-year Great Depression that affected all Western industrialized countries