on october 29 1929 when the stock market crashed wat were people doin wit there stock ? need helpp asap

History

1 answer:

Snowcat [4.5K]2 years ago

4 0

Answer:

During the stock crash, most people were trying to trade the stocks, mostly to sell overpriced stock that had lost a great amount of value in only a few days.

Unfortunately for most of them, these stocks still lost a great amount of value, which meant that they lost a lot of money. Billions of dollars of market value were wiped out in a single day, leading to thousands of people to financial ruin, and starting a period of economic recession known as the Great Depression.

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