Black Tuesday, October 22 1929: Stock Market Crash
Overproduction
Tariffs
International debt
Weak european economy
Buying on Margin
Prices went trough the floor with the Crash. After isolationism started to kick in, so did full capitalism. AS they government let all the businesses go to out of business combined with overproduction and a weak international economy. Everything collapsed and the prices were below a record low.
Tariffs
International debt
Weak european economy
Buying on Margin
Prices went trough the floor with the Crash. After isolationism started to kick in, so did full capitalism. AS they government let all the businesses go to out of business combined with overproduction and a weak international economy. Everything collapsed and the prices were below a record low.