BLACK THURSDAY

BLACK THURSDAY

One of the causes of the Great Depression was a crisis in Stock Exchange in New York. On 24/10/1929, she suffered the largest drop in history. The shares had been having hyper, but when investors were selling these papers, there were no takers. No investment in companies, industrial resection suffered, so the employees were laid off, unemployed do not buy, so the market was much inventory, and little money. In this cascade the rich with papers that were not worth anything and they were in bankruptcy. The United States stopped, the economy stagnated and many went mad and committed suicide. (For Valdemir Mota de Menezes, the Scribe)