The wall street crash

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  • Created by: Ellie
  • Created on: 02-06-13 13:46
When did the wall street crash happen?
October 1929
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What happened as a result of the econoic crash?
Share holders and businesses lost millions of dollars, industrial prodctution dropped by 45% and 5000 banks went out of business
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How many people were unemployed in 1932?
13 million people
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What where the four main reasons for the crash?
Overproduction, unequal distribtution of wealth, high import tariffs on American goods and too much specualtion on the stock market.
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What did America do which created a world financial crisis?
America recalled its loans for Eurpoean countries, which they had used as a result of the war. This had a devasting impact, casuing a world financail crisis.
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Other cards in this set

Card 2

Front

What happened as a result of the econoic crash?

Back

Share holders and businesses lost millions of dollars, industrial prodctution dropped by 45% and 5000 banks went out of business

Card 3

Front

How many people were unemployed in 1932?

Back

Preview of the front of card 3

Card 4

Front

What where the four main reasons for the crash?

Back

Preview of the front of card 4

Card 5

Front

What did America do which created a world financial crisis?

Back

Preview of the front of card 5

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