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Black Thursday: The Stock Market Crash Of 1929

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There were one main cause was the stock market crash. On October 24, 1929 known as “Black Thursday” a record of 12.9 millions of shares were traded. After five days on that “Black Thursday” the day called “Black Tuesday” 16 million shares were treaded and those trades waved another panic swept in the Wall Street. Because millions of shares were worthless and every investor who bought stocks with borrowed money were completely wiped out. As a result, banks went bankrupt, spending and investing fell dramatically and every consumer were vanished from the stock market crush. The factories output fell and other businesses slow down their production. In the same time, these factories and business and other construction were began to firing their

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