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download (d2b6a2ca21dcd487b381c6a58342d63f (People were making sure they…
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During this time of trying to get their money out of banks, the banks had gone bankrupt and had to close down and this made people very angry.
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People had to sit on benches because they lost their homes and couldn't afford a hotel or a bed or even a meal
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young men had to leave their house because they were a burden on their families so they had to start on their own by traveling on train carts.
The stock market just kept on dropping more and more when people used credit and tried to pay it little bit at a time.
a stock market crash is a sudden decline of stock prices across significant cross-section of a stock market, resulting in the loss of paper wealth and its value.
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Farmers were effected by this because they were already struggling with their crops and making money.
Farmers couldn't get enough money to make a profit since nobody could afford to buy any of their crops.
Farmers couldn't make anymore crops when the dust bowl came around, all crops were destroyed and they didn't have healthy grass and food to keep the animals alive.
This Dow Jones Industrial Average started most of this, which is about the average of stock prices of major industries had climbed to 191. This lead to Black Thursday and Black Friday
Black Thursday is when stock prices fell slowly which caused people to call in loans but others still kept spending more.
Black Tuesday was a record of 16.4 million shares were sold, compared with the average 4 million to 8 million shares a day earlier in the year.
The great crash was part of the nation's business cycle, a span in which the economy grows, then contracts.
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