stockmarketcrash

= __Stock Market Crash __ =

 **What is a Stock Market Crash?** The steep fall in the prices of stocks due to widespread financial panic. .

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The 1920's were a time of unbelievable prosperity. The stock market was going through the roof and the United States seemed to have the formula for limitless prosperity. Stocks were seen as extremely safe by most economists, due to the powerful economic boom. However, the same formula that generated all of that profit would also be the cause of **Black Tuesday**. ======

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Investment during the 1920's was based on the unstable basis of margin buying. Investors bought borrowed money from their brokers, who went to banks for that money. When stocks failed and investors needed to default, the money was permanently lost. ======

The trade floor of the New York Stock Exchange just after the crash of 1929.