A very long time. It took years, I believe, until after World War II began and perhaps even after it ended for the stock market to recover the level it has before the crash of 1929.
what was tincrease in stock prices from 1920 to 1929
investors raced to get their money out of the stock market
snoz
The Stock Market Crash of 1929 devastated the economy and was a key factor in beginning the Great Depression in the United States. This period was also known as The Great Wall Street Crash of 1929 and Black Tuesday. Stock prices began falling when steel production went down, house construction slowed and car sales waned and people started to sell off their stock in mass numbers. This lead to Black Tuesday. On that day, there were so many orders to sell that the ticker quickly fell behind. People panicked, as they couldn't get rid of their stocks fast enough. Everyone was selling and nearly no one was buying, therefore stock prices collapsed.
The 1929 stock market crash began the Great Depression.
The stock market crashed and the Great Depression began.
September of 1929. Reffered to as "Black September".
Among the other causes of the eventual market collapse were low wages, the proliferation of debt, a struggling agricultural sector and an excess of large bank loans that could not be liquidated. ... Stock prices began to decline in September and early October 1929, and on October 18 the fall began
Black Friday in October 1929 marked the day of the stock market crash that began the great depression.
It was in October of 1929.
The stock market crash of 1929. novanet - stock prices crashed when millions of shares of stocks were sold
The 1929 stock market crashed. Up till them America was called it was in its roaring 20s. But in September 1929, the Stock Market crashed leaving people with no jobs. It was a complete recession.
The Great Depression began on October 29, 1929.
The stock market crash (1929) that began the Great Depression.
The Great Depression began on "Black Thursday" on October 24, 1929. It began when panicking stock holders sold over 16 million shares of stock and caused the stock market to crash.
The Great Depression started with the fall of stock prices that began around September 4, 1929 and became world wide news with the stock market crash on October 29,1929 that is known as Black Tuesday. From there, it spread around the world quickly.