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Arts and Humanities
History
History of the Americas
Wall St. Crash + Depression
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October 1929
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Wall Street Crash
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mkhistory
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Terms in this set (20)
October 1929
Wall Street Crash
Overproduction/Underconsumption
Causes of the depression
On Black Thursday, October 24, 1929
Stock prices plunged on the New York Stock Exchange. (16 million shares sold for a fraction of their original price)
Harley-Smoot Tariff (1930)
Increased import tariff to 50%
Laissez-faire economics
Partly blamed for depression
