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The Reasons Behind The Stock Market Crash of 1929

Date Submitted: 09/10/2006 03:49:44
Length: 5 pages (1415 words)
Views: 42718

In October 1929, the world watched in horror, investors panicked, and brokers were bewildered as stock prices plummeted lower than ever before. Fright and confusion were visible in the eyes of traders, and Wall Street was a scene of complete and utter chaos. This disastrous market crash quickly put an end to a decade of prosperity, and became the beginning to a dark and regrettable era in Canadian history (Bierman). Black Tuesday is remembered by all …

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…gt; Mutual Funds. Black Tuesday - 1929. 29 May 2005. http://mutualfunds.about.com/cs/1929marketcrash/a/black_tuesday.htm Rosenburg, Yuval. Did The Crash Have to happen? 27 May 2005. http://money.cnn.com/2004/10/26/markets/1929crash/ Savill, Richard. The Crash of 1929. 27 May 2005 http://www.btinternet.com/~dreklind/thecrash.htm Sparknotes. The Great Depression. 2 May 2005. http://www.sparknotes.com/history/american/depression/section1.html Tiscali Reference. Wall Street Crash. 29 May 2005. http://www.tiscali.co.uk/reference/encyclopaedia/hutchinson/m0028817.html

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