Some of the main reasons that the stock market crashed in 1929 were The buying on margin, and the agricultural recession. Buying on the margin was when people would go to the bank and take out money to invest in stocks. Then they would try and make all the money back and extra, so you can make a profit. The agricultural recession was when there was overproduction of goods, so the farmers began to struggle and looked to banks for help. I was quite happy when i was earning money in the stock market game.
|
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |