notes
-Dow Jones Industrial average collapsed
-Continued sell off took place until 1932 when the DJIA was 89% of its 1929 peak
-People threw themselves out of buildings
-Businesses go bankrupt
-Banks close
-Depression begins
-Continued sell off took place until 1932 when the DJIA was 89% of its 1929 peak
-People threw themselves out of buildings
-Businesses go bankrupt
-Banks close
-Depression begins
summary
Black Friday was what ended the Roaring Twenties and was the day the Stock market crashed. Dow Jones Industrial average collapsed which resulted in it happening. When people found out many people killed themselves by jumping out of buildings. The continued sell off took place until 1932 when the DJIA was 89% of its 1929 peak. when it happened business went bankrupt and banks shutdown. This brought the depression.
"President Hoover predicted today that the worst effect of the crash upon unemployment will have been passed during the next sixty days" - Washington Dispatch
Would the world have happened if the Stock Market Crash never occurred?