Stock market crash
In 1929, many people have the idea to be rich by investing stocks, but sometimes they ignored
the risks behind it and many people buying stocks on margin. At that time the government only
had little regulation on stocking trade, the unrestricted buying and selling caused the market
upward growth. But the rising prices did not reflect companies actual worth, as the value of
stocks declined, people who bought on margin couldn’t pay off loans.
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- Spring '15
- West
- Wall Street Crash of 1929, Stock Market Crash, Rising prices
