New york stock market crashes 1929
Stock market crash causes chaos in In this photo, crowds panic in the Wall Street district of New York due to the heavy trading on the stock market. Exposing dangerous post economic bubbles. Stock markets are always sensitive to the future state of commodity markets, and the slump in Wall Street predicted for May by Sir George Paish arrived on time. The strikes were met forcefully, with police breaking up protests, arresting demonstrators, and charging them with crimes related to the violation of public order. The stock market crash of was not the sole cause of the Great Depression, but it did act to accelerate the global economic collapse of which it was also a symptom. By May there was also a winter-wheat crop of million bushels ready for harvest in the Mississippi Valley.