Where Did It Happen

The Stock Market Crash of 1929 happened in the U.S.A.

What Happened

The crash was the drop of the value of the stock market. Before the stock market crashed people thought the market would continue to rise. So a lot of people invested in stocks.

Why Did It Happen

Why did the stock market crash in 1929? You can blame it on anything you want but there are legitimate facts about why it happened.

How Did It Happen

The stock market crash happened because the market loss a lot of value. Then people started to take out their stocks. This caused the market to lose even more value. People that had held stocks where know out of a lot of money. Since people had borrowed lots of money to put in stocks, the crash caused those people to have a debt. This started the Great Depression.

Who Cares That It Happened

Everyone cares because the stock market crash effects the U.S. economy and it caused many banks to shut down and when the banks got shut down, it affects other businesses too.

How Is It Related To The Great Depression

The Stock Market Crash of 1929 is related to the Great Depression because it is what started the Great Depression. — Drew

Its related to the Great Depression because the stock market crashed and people had no time to get their money out of the bank, thus making them poor with no money and no house. — Alex

Its related to the great depression because when the stock market crashed, many businesses got shut down and people didn’t have work to do. Many banks got shut down then people had no money. — Bonus

Why Is It Important To Understanding The Great Depression

It is important to understanding the Great Depression because understanding what started something is the first step to understanding the thing as a whole. — Drew

It is important to understanding the Great Depression for many reasons. 1: So we don’t make the same mistakes. For example we learn from the past. 2: To be more greatful for the things that we do have instead of the things that we don’t have. Pepole in the Great Depression were happy with eating onion soup every day for a week. Now some pepole just waist food. — Alex

It’s is important because we get to know the mistakes in the past. What they have done wrong. What happened in the Great Depression so we wouldn’t do the same mistakes again. — Bonus