how the stock market crashed

Many factors are causing the recession, but the main cause of the Great Depression is the unequal distribution of wealth, banking problems, industrial power and agricultural depression, and eventually the 1929 notorious stock market It led to a crash. "The roar of the 1920s" is the era when our country prospered. The rapid growth of industrialization has driven economic growth, and the advancement of technology led key economists, and this rise continues.

What is that: This is the answer to the 2008 financial crisis by film director Michael Moore. Moore is in its own quirky and direct style, how the stock market is and why, and why it has plunged the majority of the United States and the world to the worst global recession since the Depression Will be explained. He accused Wall Street and Capitol Hill. And it is up to the everyday American who was talking about the huge problem that led the collapse from the banker and the sitting politician, and why the reason was deeply immersed in America Capitalist's love

The stock market crash is usually defined as a sharp decline in the stock price of stocks listed on stock exchanges. Simultaneously with various economic factors, the cause of the crash of the stock market is panic and the loss of investor confidence. Usually, stock market crash will end speculative economic bubble. A famous stock market collapse eventually resulted in billions of dollars of loss and massive asset destruction. More and more people are participating in the stock market, especially as social security systems and retirement pension systems are increasingly privatized and related to market factors such as stocks and bonds. There are crashes of famous stock markets such as the crash of Wall Street in 1929, the stock market crash in 1973 - 4, Black Monday in 1987, the dot com bubble in 2000, the stock market crash in 2008 and so on.

In late October 1929, the stock market collapsed and erased 40% of the common stock price. When the stock market collapsed in 1929, it will not happen in one day. On the contrary, the stock market has plummeted in a few days and opened one of the most devastating times in American history. The most important event was held on Thursday, Thursday, October 24, 1929. On the same day, nearly 13 million shares were traded. This is a record high that the US J. P. Morgan and other bankers are trying to save their banking system with their money. They did not succeed. Their move resulted in a slight rise in stock prices on Saturday 26th October. However, on the weekend, many investors lost confidence in the stock and decided to sell the shares.