1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Mashcka [7]
3 years ago
9

What occurred during the great crash of 1929

History
2 answers:
Sophie [7]3 years ago
8 0
Stockholders on wall street began to sell their stocks.
ICE Princess25 [194]3 years ago
7 0
The stock market crash of 1929<span> was due to a market that was </span>overbought<span>, </span>overvalued<span>, and excessively bullish, rising even as </span>economic conditions<span> were not supporting the advance. The crash began on October 24, when the market opened 11% lower. Institutions and financiers stepped in with </span>bids<span> above the market price to stem the panic, and the losses on that day were modest with stocks bouncing back the next two days. However, this bounce turned out to be illusory, as the following Monday, now known as Black Monday, the market finished down 13% with the losses exacerbated by </span>margin calls. The next day (Black Tuesday), bids completely vanished, and the market fell another 12%. From there, the market trended lower until hitting bottom in 1932.<span>

Read more: What caused the Stock Market Crash of 1929 that preceded the Great Depression? | Investopedia https://www.investopedia.com/ask/answers/042115/what-caused-stock-market-crash-1929-preceded-great-d... 
</span>
You might be interested in
For each sentence, choose a historical detail that helps clarify your understanding from the drop-down list.
Tanya [424]

Answer:       3  ,    1

Explanation:

i just did it.

5 0
4 years ago
Read 2 more answers
Why was the election of 1860 considered a turning point in<br> American history?
kolbaska11 [484]

Answer:

Lincoln's evolving views on slavery and race allowed the Union to morph and change as the war unfolded. Lincoln made it possible for the purpose of the war to change – from a war to keep the Union together, to a war to end slavery.

Explanation:

5 0
2 years ago
How did businessmen contribute to the rise of capitalism?
vampirchik [111]

Answer:

c

Explanation:

3 0
2 years ago
Kate takes the elevator from the ground floor (which is labeled 0) to a floor three levels below the ground floor. Which number
Marta_Voda [28]
The number should be -3. That is because she goes from 0 to three floors bellow, meaning it's 0-3= -3. The first floor bellow would be -1, the second would be -2, and the third one is -3. It would be different if you counted it as number 1 as they do in some countries, but here it's -3.
8 0
4 years ago
Read 2 more answers
Why was Carnegie Steel able to offer its product more cheaply than its competitors?
andreyandreev [35.5K]
"Carnegie could cut his costs because he owned the supply of raw materials and the means of production and distribution"
4 0
4 years ago
Read 2 more answers
Other questions:
  • because the nation faced a slumping economy in the late 1800s, businessmen craved new markets for american products and wanted t
    10·1 answer
  • What is the primary reason to issue stock?
    9·2 answers
  • What dose a correlated age mean
    15·1 answer
  • what state became known as a laboratory of democracy, let dy robert M. la Follette, where measures like primary elections, taxin
    7·1 answer
  • You can only draw one unique isosceles triangle that contains an angle of 75
    13·1 answer
  • What economic activity was profitable for spain and often the most hazardous for its workers?
    7·1 answer
  • What was one way an immigrant could assimilate?
    6·2 answers
  • How did the Comanche resist the terms of the Medicine Lodge Creek Treaty?
    8·1 answer
  • Which of the following are First Amendment freedoms?
    14·1 answer
  • What were the two warring classes that Marx and Engels outlined in The Communist Manifesto?
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!