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In my history class since I was little, I have been taught that the Stock Market crash in 1929 was due to mishandeling of funds and citizens depositing their money in banks and then everyone withdrawing at the same time.
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SteveAccording to the book, World Disasters, publisher Chartwell Books Inc. Copyright 1976: a little know financial advisor named Roger Babson delivered the first deadly jab that finally would end in the castastrophic …depression He said over a luncheon in 1929, "A crash is coming."
This answer is retarted
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The housing market dropping
Increasing unemployment
Large amounts of consumer debt
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What event is often considered to be the starting point of the great depression?
(apex) black tuesday
What event was the catalyst of the Great Depression?
Stock Market Crash
What was other names for the stock market crash?
It was known as the Crash of '29, Black Thursday, Black Monday, Black Tuesday.The nickname for the stock market crash is called Black Tuesday. This led to the Great Depression and happened in 1929.
Which of these events marked the beginning of the Great Depression?
The Stock Market crash. It is also called Black Tuesday and the year is 1929.
What event is considered the start of the Great Depression?
The stock market crash of 1929. novanet - stock prices crashed when millions of shares of stocks were sold
