Wall Street Crash October 29th 1929 video

Wall Street Crash October 29th 1929

Wall Street Crash October 29th 1929 from http://variantvintage.blogspot.c on Vimeo.

Wall Street Crash October 29th 1929

Wall Street Crash October 29th 1929

Wall Street Crash begins on October 24 "Black Thursday" and continued through October 29, 1929 "Black Tuesday" shares fall by 75%

Wall Street Crash : It started on October 24 "Black Thursday" and continued through October 29, 1929 "Black Tuesday", when share prices on the New York Stock Exchange (NYSE) collapsed. Shares fell over the 1930's by 75% and it was not until 1954 that shares rose back to the values of 1929 pre-crash.

What were the Causes : The causes were mostly from very high rising share prices which encouraged more people to invest, earlier in 1929 people were borrowing from banks hoping to be able to buy shares and resell at a large enough profit to pay back the loans and make a tidy profit.