What happened when the stock market crashed in October 1929?
Most banks panicked and bought more stocks.
Most investors panicked and sold all their stocks.
Most investors calmly put their money into banks.
Most banks calmly invested to help the stock market.

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19-10-2022
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What happened when the stock market crashed in October 1929?
Most banks panicked and bought more stocks.
Most investors panicked and sold all their stocks.
Most investors calmly put their money into banks.
Most banks calmly invested to help the stock market.

Answer :

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AnnuG AnnuG · Answer 1 · 2022-10-20T23:22:54-04:00

When the stock market crashed in October 1929 most investors panicked and sold all their stocks.

The Stock Market Crash of 1929 was one of various factors that helped to crash the US economy and conduct to the Great Depression of the 1930's.

When the stock market crashed in October of 1929 business habitation closed their doors, industries shut down and banks failed. Farm income fall some 50 percent. By 1932 about one out of every four Americans was unwaged.

In August 1929 just weeks afore the stock market crashed the Federal Reserve Bank of New York increased the interest rate from 5 percent to 6 percent. Some experts say this precipitous, sudden hike cooled investor passion, which affected market solidity and sharply decreased economic growth.

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samanthalietka02 samanthalietka02 · Answer 2 · 2022-10-28T09:43:41-04:00

samanthalietka02 samanthalietka02

28-10-2022

B. Most investors panicked and sold all their stocks.

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What happened when the stock market crashed in October 1929? Most banks panicked and bought more stocks. Most investors panicked and sold all their stocks. Most investors calmly put their money into banks. Most banks calmly invested to help the stock market.

Answer :

Other Questions

What happened when the stock market crashed in October 1929?
Most banks panicked and bought more stocks.
Most investors panicked and sold all their stocks.
Most investors calmly put their money into banks.
Most banks calmly invested to help the stock market.