How Did The Stock Market Crash Of 1929

208 Words1 Pages
It all started in 1929, the stock market crashed, and people went crazy about getting jobs. They needed jobs because when the Stock Market crashed, in 1929, the economy went down and 80% of items/things in stores lost the expensive value. The reason that happened was, when the expense of the items went down, the people that worked at different places, got paid less. And that’s how it all started. In the USA, people have been getting so much money out of their accounts, in 1930, that their accounts shut down. That meant the banks were getting bankrupt because everybody needed money. Now that the banks had gone bankrupt, there were no more banks left to save money. Also, when you use a Bank Account, or just keep money at a bank you have to pay