Presentations:
After the war the stock market was booming.
Causes of the stock market crash:
Buying on credit. Because of debt people stopped buying things. So the companies stopped making money.
Overvalued stocks. Stocks were being sold for more than they were actually worth.
Buying on margin. The stock market was made up of borrowed money so it was unstable. Promised money more than real money.
No Government Regulation. Banks without our permission invested it in the stock market.
Timeline of the Stock Market Crash. October 24th 1929 Black Thursday dropped 11%. October 28th 1929 Black Monday dropped 13%. October 29th 1929 Black Tuesday dropped 12%.
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