The Crash of '29 video-What is pooling?The rich people would buy out a cheap stock to make the price of the stock go up. They'd pay off newspaper people to talk up this stock, then the common person wants in. The rich start to sell to the common people and the prices go down and if you're holding the stock then you're the one that loses money, It wasn't illegal then but it is now.What did the Federal Reserve Board do?Increased interest rates so that not as many people would borrow money from them since nobody couldn't pay off anything.What caused the Crash?Story of the Stock Market Crash.I like this movie, it plays everything out better. I also really like hearing their music.-Breann Lehr
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