Today is the blog discussion.Employment to income to consumption to production (they all effect eachother and it is just a big cycle)Causes of the Stock Market CrashPeople quit buying things by the late 1920s because they already had all of it and were in debtUneven distubtion of wealth/income the rich were just getting richer and and the common people were staying the sameFederal Reserve raised interest rates which caused people to panic and sale stocksStocks were over priced for companies that were not doing goodCompanies were not saleing products anymorePeople saleing their stocks because they realized that their stocks were just a piece of paper and were not making any moneyOverproduction of goodsToo much borrowing from banks
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