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?
