Wall Street Speculation and Crash (24 ottob 1929 anni – 13 nov 1929 anni)
Descrizione:
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
Aggiunto al nastro di tempo:
Data:
24 ottob 1929 anni
13 nov 1929 anni
~ 20 days