Copy of (APUSH) Great Depression Interactive Notebook 18-19 - Black Tuesday the Stock Directions The Market Crash Wall Street Crash of 1929 also known

Copy of (APUSH) Great Depression Interactive Notebook 18-19...

This preview shows page 1 - 2 out of 3 pages.

Black Tuesday & the Stock Market Crash Buying on Margin Overproduction of Goods Laissez-Faire Government Policies Directions : The Wall Street Crash of 1929 , also known as Black Tuesday, was the most devastating stock market crash in America’s history and marked the beginning of the Great Depression. Three majors causes of the crash identified by historians are: Buying on Margin, Overproduction of Goods, and Laissez- Faire Government Policies. Research how each of the 3 causes listed on the stock certificates here led to the crash and explain why in each text box. led to the crash because people bought stocks with money they didn’t have and were anxious to sell when prices dropped so that they did not lose more than they could afford. An overproduction of goods sent prices downward which closed businesses and led to unemployment ad companies could not make a profit from the small prices. Allowed businesses to do as they pleased and had no regulation to protect consumers, bank depositors, or mortgage holders.
Image of page 1
Image of page 2

You've reached the end of your free preview.

Want to read all 3 pages?

  • Summer '17
  • Mr. Olson
  • Great Depression, Wall Street Crash of 1929, Alphabet soup agencies

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture