This hit the stock market on october 29 1929
Black Tuesday hits Wall Street in - NY Daily News
The Stock Market Crash Quiz. On October 29, the Stock Market hit its lowest time.
Banks were investing their money in the Stock Market. When people came to the banks to take out their money, the banks had no money to give them.
President Hoover passed a law saying that the Americans would have to pay an additional tax on money earned in the Stock Market. Farmers were having trouble selling their this hit the stock market on october 29 1929 because Europeans began to plant crops once the war was over.
Stock Market Crash of 1929 - Decades TV NetworkAmerican companies were making more goods than American buyers wanted. Once people lost their jobs and money they had less to spend, businesses could no longer sell their goods.
World War II caused men to go away to war, and they could not afford to buy extra luxary items such as washing machines. In 1, people were unemployed.
