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How Did The Great Depression Affect The Stock Market

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The Great Depression began in August 1929. It was a tragic time that left millions of people in the United States out of work. The day when this happened is referred to as Black Tuesday, and it is the day when the stock market prices crashed to a degree that there was no hope for it to rise anymore. Many people attempted to sell their stocks, but there was no one who would buy it. The economy was greatly affected. The great depression not only hugely affected the stock market, but it also affected the clients whose money was already in the markets for investment. In which many banks had done that and that created a huge loss for the clients which, the banks were also forced to close down because they directly depended on the stock market.

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