Final answer:
It is difficult to predict how people would handle a stock market crash in 2023 compared to 1929, but advancements in technology and greater access to information could provide individuals with better tools for making informed decisions. Governments and regulatory bodies may have also implemented safeguards to prevent a similar collapse. During a stock market crash, it is important to focus on long-term investing strategies, diversify investments, and avoid making impulsive decisions based on short-term fluctuations.
Step-by-step explanation:
If another stock market crash happened in 2023, it is difficult to say whether people would handle it better or worse than they did in 1929. However, there are several factors that could influence how people respond. With advancements in technology and access to information, individuals and institutions may be better equipped to make informed decisions during a market downturn. Additionally, governments and regulatory bodies may have learned from past mistakes and implemented safeguards to prevent a similar collapse. Personally, during a stock market crash, it is wise to focus on long-term investing strategies, diversify investments, and avoid making impulsive decisions based on short-term market fluctuations.
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