There was an over speculators they looked at the land they would take the land sell it. It was cheap and made a huge profit. Stock prices when up and up everything when up quick they sold and things started to drop. People stopped buying things because they had it or were in debt. People stopped paying banks back and banks closed. Massive fraud and illegal activity. Federal reveres they didn’t do anything to stop it. Buying stock on margined it’s like buying on credit it was borrowed money it allowed people to speculate. People lose a lot of money and about everything. Would there be a depression if there was not a crash some say yes just not a bad.Video questions1. The causes- The stock were up and was the way to make a fourtion,and spent a lot of money Herbert Hover was elected president they were making new electronics and buy now and pay later was the new thing.2. Story of S.M.C3. Whats pooling4. Whats the federal reserves bored
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