Wall Street Speculation and Crash (24 oct 1929 año – 13 nov 1929 año)

Descripción:

Causes:

1. abuses by utility holding companies
2. commercial banks eager to put deposits

Effect:

1. brought Roaring Twenties to a halt
2. accelerate global economic collapse
3. half of America's banks had failed
4. unemployment approached 30% of workforce

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