The Crash & the Great Depression Pt. 1

Government guarantees protected personal investments

Stock prices continued to rise and prosperity felt permanent

Interest rates were extremely high for savings accounts

Federal regulations limited risky investment behavior

Investors were forced to sell government bonds

Banks immediately seized personal property

Stock ownership was temporarily suspended

Borrowed money still had to be repaid despite losses

Black Tuesday’s massive drop in stock values

The introduction of new federal banking laws

The collapse of international trade

The closure of the Federal Reserve System

They refused to issue loans to farmers

They invested depositors’ money in the stock market

They were shut down by the federal government

They lost money due to rising interest rates

High interest rates on personal loans

Increased government regulation of banks

Fear that banks would collapse and lose savings

Competition from international financial institutions