How The Stock Market Crashed

how the gunstock grocery crashed Many factors played a consumption in bringing about the depression; however, the main get under ones skin for the Great Depression was the combination of the greatly unequal scattering of wealth, banking problem, industrial power houses and agricultural depression which ultimately spark advance to the infamous Stock Market Crash of 1929. The roaring twenties was an era when our country prospered greatly. The rapid increase in industrialisation was fueling growth in the economy, and technology improvements had the leading economists alert that the uprise would continue. During this boom period, wages increased along with consumer expense and stock prices began to rise as well.

Billions of dollars were invested in the stock market as people began speculation on the rising stock prices and buying on margin. On Thursday, October 24, 1929, the bottom began to fall out. Prices dropped continually as more and more investors tried to sell their holdings. ...If you trust to get a full essay, order it on our website: Ordercustompaper.com

If you want to get a full essay, wisit our page: write my paper