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5 Cards in this Set
- Front
- Back
Overview |
- 29th October 1929 - 16 million shares were traded in one day - Share prices fell by $4 billion in one day - November share prices fell by $30 billion |
|
Unemployment |
- Increased from 500,000 to 4 million |
|
Real Wages |
- Real wages fell by 16% in 1929 |
|
US Steel |
- The largest global steel industry only worked at 16% capacity |
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Share Prices |
- 1929 had fallen from $87 billion to 1933 $18 billion |