17.1.1

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

1Empires East & West: 1000 AD

1.1The Rise & Fall of Ancient China’s Empire

1.2The Medieval Greatness of the Byzantine Empire

1.3The Golden Age of the Islamic Empire

1.4The Politics & Power of the Holy Roman Empire

1.5Medieval Religion

1.6The Influence of the Church in Medieval Times

1.7How Religion Tested the Power of Kings

1.8Dynastic Challenges to Medieval Monarchs

1.9Challenges to Medieval Monarchs

1.10Revolts, Rebellions & Rights

1.11Medieval England & Her Neighbours

1.12European Renaissance

1.13Norman Conquest & Control

1.14Historical Skills

2The Medieval World: 450-1450 AD

2.1Anglo-Saxon England

2.2The Contest for the English Throne

2.3Conquering the Holy Land, 10-96-1396 AD

2.4King John

2.5The Magna Carta & Parliament

2.6The Black Death

3Worldviews

4The Empire of Mali: 1076-1670 AD

5The Renaissance & Reformations: 1500-1598 AD

6The British Empire: 1583-1960 AD

7The Peasants' Revolt: 1381 AD

8Religion in the Middle Ages

9Slavery: 1619-1833 AD

10The English Civil War: 1642-1660 AD

11The Industrial Revolution: 1750-1840 AD

12US Independence: 1775-1783 AD

13The French Revolution: 1789-1815 AD

14The British Empire: 1857–1930 AD

15Suffrage: 1840-1928 AD

16World War 1: 1914-1918 AD

17The Inter-War Years: 1919-1939 AD

18World War 2: 1939-1945 AD

19The Cold War: 1947-1962 AD

20Civil Rights in the USA: 1954-1975 AD

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