Stock Markets Exposed

How did the stock market crash in the great depression ?

What does it mean when the stock market crash and why did it crash. how did they fix it.

Public Comments

1. People sent to much on stuff.. and they out lawed alcohol...
2. When the stock market crashes, it means nobody has enough money to buy any stocks. The market went up when people made more money and bought stocks.
3. It crashed because of what was called "buying on margin". The first thing that must be realized was that, before the crash, the market was on one fantastic upswing. So, people would invest with a broker "on margin", meaning that they would say, pay the broker $10 for a stock worth $100, and then, in a short time, sell the stock when it went to say $150, making a huge profit per share with an investment of only $10. But, when steel went bust, the market fell, and the margins were called in. But most could not pay up, so the market went down even more.