History
What is The Wall Street Crash of 1929?
The Wall Street Crash of 1929 was a sudden, severe collapse in US stock prices that wiped out fortunes in days. It shattered confidence, triggered bank failures, and helped tip the world into the Great Depression of the 1930s.
See it, don’t just read it.
Watch a 2-minute lesson with voice + animation that explains the wall street crash of 1929.
Key things to understand
- 1US stock prices collapsed in October 1929.
- 2It followed a speculative bubble fueled by borrowing.
- 3It destroyed wealth and confidence almost overnight.
- 4It helped trigger the Great Depression.
Frequently asked questions
- What was the Wall Street Crash of 1929?
- A sudden, catastrophic fall in US stock prices that erased huge wealth and helped spark the Great Depression.
- What caused the 1929 crash?
- A speculative bubble inflated by easy credit burst, triggering panic selling.
- What happened after the crash?
- Banks failed, unemployment soared, and the world slid into the decade-long Great Depression.