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What happened when the stock market crash in October 1929

User Georgemp
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After the Stock Market crashed in 1929 a lot of  people lost their jobs and thus came the great depression.
User Sean Sobey
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Answer:

What happened when the stock market crash in October 1929

Step-by-step explanation:

The Great Depression, also known as the Crisis of 29, was a global economic crisis.

The depression had devastating effects in almost all countries, rich and poor, where insecurity and misery were transmitted as an epidemic, so that they fell: national income, tax revenues, business profits and prices.

International trade decreased. Unemployment increased. Cities around the world were severely affected, especially those that depended on heavy industry, and the construction industry. Agriculture and rural areas suffered a fall in crop prices, and in the face of falling demand, the areas that were dependent on primary sector industries, with few alternative sources of employment, were the most affected.

User Kunal Shaktawat
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