Stock Market Crash Continued--Overspeculation, the paper saying that you own stock in a company was actually more than the stock itself.-Buying on stocks margin(credit), allowed the common person to get involved in stocks. Good when the stocks were up devistating when they're down.-Stock prices grossly inflated; didn't have 'real' value.-Massive Fraud and Illegal Activity- Rich took atvantage of the common person so they could get more money.-Lack of the Federal Reserve- They lowered interest rates, more people got money from them, they couldn't pay it off, the FR shouldn't have even given them money in the first place because they can't pay it off, then they started raising interest rates, people didn't get money from them.effects--Great Depression.-Investors and businesses lose milions-Bank Failures-UnemploymentThe Crash of '29 video-What is pooling?What did the Federal Reserve Board do?What caused the Crash?-Breann Lehr
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