The Stock Market Crashes1929

Video Recap

http://www.youtube.com/watch?v=ccNilnpvbJg&feature=related

The Crash

• When: early September 1929– What:

• When: October 24, 1929– What: “ ” market plunged,

panicked investors sold shares, bankers put more money into the market

The Crash

• When: October 28, 1929– What:

• When: – What: “ ” shareholders frantically

sell, , record number of shares sold, , bubble burst

Financial Collapse• Crash signaled beginning of the Great

Depression ( )• Bank and Business Failures– – Businesses go bankrupt –

• Worldwide Shock Waves– – Imports and Exports decrease

Causes of Great Depression •

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•

•

• All led to…–

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Time to Write!

• Write two-three, thoughtful paragraphs, using complete sentences, answering the following...– What were the causes of the stock market crash of

1929 and the Great Depression that resulted from the crash?