1.Causes of Stock Market Crash?Were careless buying stock in the stock market.2.Story of SMC? Stocks were extremely high. So people bought alot of stocks. So the Federal Reserve Board rose the interset rate. People kept on buying so they can keep there stocks. Stocks kept on going up and up. People even spend even more money. Then it took a dip then it started to lower, It started going up and down like a rollercoaster. People thought they should probaly get out of the market. Then Black Thursday hit. People were going crazy. Everyone was trying to sell their stock. Then later they thought it was over. But, it got worse3.What is pooling?Put money in for stock. Make it get high then sell it.4.What did the Federal Reserve Board do? They raised interset rates so you had to pay more money for your stock, Of course people kept on buying.
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