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Great Depression (9.WW2 (investing in the stock market came to be seen as…
Great Depression
9.WW2
investing in the stock market came to be seen as an easy way to make money, and even people of ordinary means used much of their disposable income or even mortgaged their homes to buy stock
The drop-off contributed to contractility effects in some borrower countries, particularly Germany, Argentina, and Brazil,
The American economy entered a mild recession during the summer of 1929, as consumer spending slowed and unsold goods began to pile up, which in turn slowed factory production.
Nonetheless, stock prices continued to rise, and by the fall of that year had reached stratospheric levels that could not be justified by expected future earnings.
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Banks are going to shut down because people aren't paying there credit causing banks to shut down in the future
investing in the stock market came to be seen as an easy way to make money, and even people of ordinary means used much of their disposable income or even mortgaged their homes to buy stock
Between 1930 and 1932 the United States experienced four extended banking panics, during which large numbers of bank customers,
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Banks are going to shut down because people aren't paying their credit causing banks to shut down in the future
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People have debt, Banks are gonna run out of money
On October 24, 1929, as nervous investors began selling overpriced shares en masses, the stock market crash that some had feared happened at last
As consumer confidence vanished in the wake of the stock market crash, the downturn in spending and investment led factories and other businesses to slow down production and begin firing their workers.
Nonetheless, stock prices continued to rise, and by the fall of that year had reached stratospheric levels that could not be justified by expected future earnings.
Banks are going to shut down because people aren't paying there credit causing banks to shut down in the future
Meanwhile, American agricultural interests, suffering because of overproduction and increased competition from European and other agricultural producers
The stock market went up. New inventions were being created
People have debt, Banks are gonna run out of money
The drop-off contributed to contractility effects in some borrower countries, particularly Germany, Argentina, and Brazil,
whose economies entered a downturn even before the beginning of the Great Depression in the United States.
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