Friday, April 4, 2014

What happened when the stock market crashed in October 1929? and Stocks

What happened when the stock market crashed in October 1929?



My options are:

-Most banks panicked and bought more stocks.
-Most investors panicked and sold all their stocks.
-Most investors calmly put their money into banks.
-Most banks calmly invested to help the stock market.

I keep getting this wrong! Please help.


Stock best answer:

Answer by Gary C
The second one. There was mass panicked selling of stocks. Also runs on banks that caused many banks to fail.


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