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stock market crash
Agriculture Recession:
Stock Market Crash:
- Overproduction lowers prices
- “Farmers have always been poor”
- First sign of the coming Depression
Stock Market Crash:
- Dow Jones Industrial average collapsed
- Continued selloff took place until 1932 when the DJIA was 89% of its 1929 peak
- People threw themselves out of buildings
- Businesses go bankrupt
- Banks close
- Depression begins
summary
October 22 1929, the stock market crashed and people lost everything and thought of it to be so bad that even some people jumped off of buildings and commited suicide.