16.1.1

The Wall Street Crash

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The Wall Street Crash

Wall Street, in the United States of America, crashed in October 1929 AD. This caused the Great Depression.

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Selling shares

  • In September 1929 AD, lots of US investors were selling their shares (a stake in a company).
    • On 24th October 1929 AD, investors sold a total of 12.8 million shares.
    • This caused nervousness and people did not have faith in the US economy.
    • The economy collapsed.
  • This led to the Wall Street Crash.
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US Banks

  • US banks lost billions of dollars.
  • Thousands of people lost their savings from banks.
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Global impact

  • As a consequence of the crash, US banks called in the loans they had made to companies and countries across the world.
  • This led to millions losing money.
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The Great Depression

  • The Wall Street Crash led to a period called the Great Depression.

Jump to other topics

1The Medieval World: 450-1450 AD

1.1Anglo-Saxon England

1.2The Contest for the English Throne

1.3Conquering the Holy Land, 10-96-1396 AD

1.4King John

1.5The Magna Carta & Parliament

1.6The Black Death

2Worldviews

3The Empire of Mali

4The Renaissance & Reformations, 1500-1598 AD

5The British Empire, 1583-1960 AD

6The Peasants' Revolt

7Religion in the Middle Ages

8Slavery, 1619-1833 AD

9The English Civil War, 1642-1660

10The Industrial Revolution, 1750-1840

11US Independence, 1775-1783

12The French Revolution, 1789-1815

13The British Empire, 1857–1930

14Suffrage

15World War 1, 1914-1918

16The Inter-War Years, 1919-1939

17World War 2, 1939-1945

18The Cold War, 1947-1962

19Civil Rights in the USA, 1954-1975

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