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