The Wall Street Crash and it's impact

Question 1

When was the wall street crash?

Answer 1

1929 October 24th

Question 2

What was the wall street crash?

Answer 2

A market stock crash

Question 3

What was an impact to the wall street crash?

Answer 3

The Great Depression

Question 4

What was the causes of the wall street crash?

Answer 4

Unsustainable boom in shares prices

Question 5

Name the order of what happened in the wall street crash?

Answer 5

1. )American industry boomed so people bought shares in companies hoping to make profit
2. ) Some Americans borrowed extra money from banks to buy even more shares
3. )The confidence collapsed and many rushed to sell their shares that fell in value. This was the WSC.
4. ) Shares weren’t worth as much and people couldn’t pay off their loans
5. )Many lost heir homes or buy products so companies went bust and workers lost their jobs
6. ) American consumers couldn’t afford to buy foreign imports so factories in other countries shut down.
7. )Germany was hit hard and US banks recalled their loans.
8. ) Unemployment in Germany soared and people lost their homes and went hungry.

Question 6

How many people were unemployed in 1930?

Answer 6

3 million

Question 7

How many people were unemployed in 1933?

Answer 7

6 million.