the stock market crash of 1929 took place in the american.
where did the stock market crash of 1929 take place?
the american
the wall street crash of 1929 is often cited as the beginning of the great depression. it began on october 24, 1929, and was the most devastating stock market crash in the history of the united states. much of the stock market crash can be attributed to exuberance and false expectations. in the years leading up to 1929, the rising stock market prices had created vast sums of wealth for those invested, in turn encouraging borrowing to further buy more stock. however, on october 24 (black thursday), share prices began to fall and panic selling caused prices to fall sharply. on october 29 (black tuesday), share prices fell by $14 billion in a single day, more than $30 billion in the week. the value that evaporated that week was 10x more than the entire federal budget and more than all of what the u.s. spent on world war i. by 1930 the value of shares had fallen by 90%.
great depression in the united states
souk al-manakh stock market crash





























the souk al-manakh stock market crash was the 1982 stock market crash of kuwait's unofficial stock market, the souk al-manakh. the al-manakh market was housed in an air-conditioned parking garage that had formerly been a camel trading venue, and specialized in highly speculative and unregulated non-kuwaiti companies. at its peak, its market capitalization was the third highest in the world, behind only the u.s. and japan, and ahead of the u.k. and france.





























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souk al-manakh stock market crash