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11: The Great Depression Pt. 1 - The Crash

History of the Second World War

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The Panic of 1929

On October 21st over 6 million shares were traded, and that uncertainty began to hit a breaking point. The price of stocks was recorded on the ticker, which recorded all transactions done throughout the day. There were often very few buyers, and instead the prices just kept dropping because there was nobody there to scoop them up. Accounts began to hit bust with lightning speed, even though some would not know it until after 7 PM when the ticker finally stopped running for the day.

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