The stock market crashed under the administration of who?

Between October, 1929 and July, 1932, stock prices tracked by the Dow Jones Industrial Average declined by 89%.

A+ Answerwere worth more than was paid for themThe Stock Market Crash of 1929 did not cause the Great Depression but was the result of the weaknesses in the economy that had been growing all during...

Here are the ten worst one-day drops in the Dow Jones Industrial Average: October 19, 1987 ("Black Monday"), -22.6%. October 28, 1929, -12.8%. October 29, 1929 ("Black Tuesday"), -11.7%. November 11,...

1929

Consumer outlook became very pessimistic and the economy contracted sharply. Companies were hard hit by the decrease in consumer spending and this trend would continue for nearly three years. People...