Stock Market Crash
- Oct. 29, 1929
- Known as 'Black Tuesday'
- Dow Jones Industrial average collapsed
- People lost all money (owned & borrowed)
- People jumped off buildings
- Banks lose all money & shut down
- Bankruptcy throughout the country
- Beginning of the depression
- Known as 'Black Tuesday'
- Dow Jones Industrial average collapsed
- People lost all money (owned & borrowed)
- People jumped off buildings
- Banks lose all money & shut down
- Bankruptcy throughout the country
- Beginning of the depression
Summary
The stock market crash on October. 29th, 1929 was the true beginning of the Great Depression, causing citizens to sell everything they owned in order to buy essentials since all their money was lost in the crash.