The Stock Market Crash of 1929

Black Tuesday is Tuesday, October 29, 1929. It is the day when the New York Stock Exchange collapsed. This is the biggest single accident in the country. Investors traded 16 million shares at the New York Stock Exchange, so Black touched Wall Street on Tuesday. Black Tuesday destroyed thousands of investors and lost billions of dollars. Black Tuesday is the event that caused the stock market crash. As a result, many Americans have lost a lot of savings. Black Tuesday is also known as the beginning of the Great Depression, Americans have earned money and have made it difficult for their families to provide food, dwelling and clothing.

The events of black Thursday are usually defined as the beginning of the stock market crash from 1929 to 1932, but the series of events leading to a crash began before that day. In this article we will explore the reasons for the stock market crash in 1929. There is no consensus on the exact cause, but this article criticizes several arguments and supports a series of favorable conclusions. That is one of the main reasons that people and media important are trying to block market speculators. The second possible reason is a substantial increase in investment trusts, utility holding companies, and margin purchasing, all of which will facilitate the purchase of utility shares and raising prices. Utilities, utility holding companies and mutual funds are heavily utilized with large amounts of debt and preferred stock. These factors seem to lay the foundation for triggering events

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

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.