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The Stock Market Crash & Great Depression 1929-1933
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The Stock Market Crash September 29, 1929- stock market at record high Tuesday Oct. 29, 1929 The Stock Market Crashes!!!!!
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Investors sell millions of shares Crash effects entire economy, such as….
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We’re out of money and can’t pay back our loans! So we’re going to have to cut production and lower wages WHAT!!!
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Factory Jobs Restaurants Small Businesses
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People freak out and take all their money out of banks Bank This results in ……………………………………
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No $$$ in banks Banks Fail People have no more savings Businesses can’t borrow money
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