The Stock Market Crash of 1929

Every country in the world is facing a tragedy. When a country has a tragedy, it affects all the citizens of that country. People may be affected mentally, socially, and even physically. But in some cases the tragedy may lead to a better life. One of the tragedies that helped reform the whole country was a stock market crash in 1929. The stock market crash in 1929 strengthened the country as it led to the development of policies such as the Glass · Steagall Act and the Securities Exchange Law. And the Social Security Act.

In a nutshell, the history of regulation could be related to the stock market crash of 1929, which resulted in its actions and crash - a decade of economic downturn. The overall goal of regulation can be summarized as prohibiting asymmetry of information or misuse of erroneous information. A more specific version is to protect investors, maintain a fair and orderly efficient market, and promote capital formation. Activities involving the participation of individual investors are subject to the strictest management because the risk of information asymmetry is the highest. There is a popular conspiracy myth that the existence of securities regulations forces the intermediary's private use and eliminates them from the most attractive opportunities on the market - unfortunately, this is similar to the myth of exceptional risk-free return It is.

The stock market crash in 1929, also known as "Great Crush", fell sharply in 1929, leading to the Great Depression of the 1930s. The Great Depression lasted about 10 years and influenced industrialized industrialized countries and industrialized industrialized countries in many parts of the world. From the mid-1920s to the latter half, the US stock market expanded rapidly. Stock price continued to rise during the first six months since Herbert Hoover 's appointment in January 1929. In "Hooverbury Market", stock prices soared, masses ranging from banks and industry giants to drivers and chefs gathered at brokers to invest in saving surplus and securities and sell profits It was. Billions of dollars will enter Wall Street from the bank and get a broker loan to make a margin account. South Sea Bubbles and Mississippi Bubble Glasses came back