How did the stock market crash in 1929?
I learned about this from my teacher recently. The Great Depression, equivalent to todays economic crisis, but it impacts us on a lesser scale today because of the better technology and resources and the nation is stronger so it can cope with the money. It starts with the stock market, filled with greedy investors who controll billions of dollars as a whole. All of the products that you see revolve around supply and demand. All the products are made by a company. Companies are grouped into big names like NASDAQ, etc. but dont let them fool you. The company needs investors in order to spend mass money on creating these products for us. These investors buy shares, thousands of dollars put into the stock market. As more shares are bought, value increases. The higher the value and money a company has, the more able it is to function properly as a company. But the thing is, an investor can pull out their money at anytime they want, pulling out money causes decrease in value. Which is why th
