stock market crash

The Stock Market Crash

By zycariah kayes

Who did the stock market crash affect in 1929?

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The stock market crash crippled the American economy because not only had individual investors put their money into stocks, so did businesses. Business houses closed their doors, factories shut down and banks failed.​

Why is the stock market crash in the 20s important to all society?

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Stock markets are vital components of a free-market economy because they enable democratized access to trading and exchange of capital for investors of all kinds.

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​What was done about the stock market crash?

Unemployment soared to 19%, and the stock market collapsed to half its former high. Countless U.S. businesses went bankrupt during the recession at the beginning of the 1920s. But it did lower inflated prices, and fast.

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