Stock Market Crash
- causes
-Stock market
-tariffs - lowers trade
-International debt
-weak European economy
- Effects
- Dow Jones industrial average collapsed
Quote
"I never attempt to make money on the stock market. I buy on the assumption that they could close the market the next day and not reopen it for five years."- Warren Buffet
Summary
In 1929 the stock market crashed because of overproduction and buying on margin. The first industry to fall was agriculture.
Subjunctive question
could the crash have been prevented?
"I never attempt to make money on the stock market. I buy on the assumption that they could close the market the next day and not reopen it for five years."- Warren Buffet
Summary
In 1929 the stock market crashed because of overproduction and buying on margin. The first industry to fall was agriculture.
Subjunctive question
could the crash have been prevented?