75.3k views
0 votes
What happened when the stock market crashed in October 1929?

User Vipin
by
8.8k points

2 Answers

2 votes

Answer: The answer is B, most investors panicked and sold their stocks.
Explanation: Stock market wiped out 40 percent of the paper values of common stock in the year of 1929.

User Safi Nettah
by
7.6k points
10 votes

Answer:The stock market crash crippled the American economy because not only had individual investors put their money into stocks, so did businesses. When the stock market crashed, businesses lost their money. Consumers also lost their money because many banks had invested their money without their permission or knowledge

Step-by-step explanation:

User Jheddings
by
8.5k points

Related questions

asked Oct 25, 2024 47.2k views
Zulaxia asked Oct 25, 2024
by Zulaxia
8.0k points
1 answer
4 votes
47.2k views
asked Feb 2, 2017 182k views
Sylbru asked Feb 2, 2017
by Sylbru
8.4k points
2 answers
1 vote
182k views