On October 29, 1929 the stock market hit its lowest point. ... But in 1929 the bubble burst and stocks started down. ... The Dow Industries hit a high of 386 in September, 1929. ... Although it shared the basic characteristics of other such depressions, the Great Depression was unprecedented in its length and in the poverty and tragedy it inflicted on the society. ... Then the crash was followed up by the Great Depression because there was no money in the economy. ...

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• Grade Level: High School

The Cause of the Great Depression The great depression is almost mythical to many younger people growing up in America today. ... However, not many people known the true cause of the depression and how the depression was not limited to the United States. ... By 1929, Americans owed eight and a half billion dollars in broker's loans. ... The stock market began to show signs of a downfall on October twenty-first of 1929 when prices began to fall. ... The depression lasted until the end of the nineteen thirties. ...

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• Grade Level: High School

Causes and Effects of the 1929 Stock Market Crash The crash in stocks in 1929 is the most famous stock market crash in United States history. ... There are a lot of reasons for the Stock Market Crash of 1929. ... Or, High interest rates to slow down development of the economy during a depression? (1929 3) Before the 1929 Stock Market Crash, few regulations were enforced. ... The big crash caused the Great Depression and made the lives of millions of United States citizens miserable. ...

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• Grade Level: High School

Most Americans today DO NOT remember the most severe economic crisis in American history, the Great Depression. ... The main factors that brought about the Depression were the unequal distribution of wealth, the government policy of favoring businesses and the wealthy, and extensive stock market speculation. ... The value of farmland fell between 30% to 40% between 1920 and 1929.... (Mcelcanine47) Stock prices began to fall in late September 1929. On Monday, October 21, 1929 the real sell off began. ...

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• Grade Level: High School

In March of 1929, Paul M. ... On October 24, 1929, people began selling their stocks as fast as they could. ... This occurred in October 1929 and in March 2000. ... A bad break in prices occurred in September of 1929, which caused further unease. ... Although the crash came in 1929, the real "bottom" of the Great Depression did not come until July of 1932. ...

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• Grade Level: High School

On Thursday, October 24th, 1929, people began to sell their stocks as fast as they could. ... On Tuesday, October 29th, 1929, the crash began. ... The cause of the depression cannot be linked to one individual or even a group of people. It is also unlikely that the crash of the market would have been large enough to lead the US economy into the depression by itself and to sustain the downward spiral in business activity. During 1929, people invested in the stock market for five major reasons. ...

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• Grade Level: High School

The concept of buying now and paying later was quickly adopted and by 1929, 60% of all cars and 80% of all radios were bought on installment credit. By 1929, 80% of Americans had no savings at all. Between 1925 and 1929 the total amount of outstanding installment credit increased from $1.38 billion to over $3 billion. ... The strength of America's economy came to an end in October 1929 when the Stock Market crashed. ... The depression took a while to get going but by the winter of 1932 it was at its worse. ...

• Word Count: 1262
• Approx Pages: 5
• Grade Level: High School