Grades 6, 7 and 8 - U.S. History - Middle School - USA: 1919-1932 - The Wall Street Crash And The Depression — Flashcards | Middle School | FatSkills

Grades 6, 7 and 8 - U.S. History - Middle School - USA: 1919-1932 - The Wall Street Crash And The Depression — Flashcards

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Wall Street was the center of finance in the USA but when the New York Stock Exchange spiraled out of control in October 1929, investors saw the price of shares crash to new lows and many small investors were ruined. The immediate effects included bank closures, reduced production and factory closures - leading to a massive rise in unemployment and the start of the Great Depression.

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What name is given in stock exchange parlance to a period of sustained share price rises?
A bear market
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