write a short note on the crash of wall street exchange
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Wall Street is a street in lower Manhattan that is the original home of the New York Stock Exchange and the historic headquarters of the largest U.S. brokerages and investment banks. ... Today, brokerages are geographically diverse, allowing investors free access to the same information available to Wall Street'stycoons.
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Wall street exchange was the biggest stock exchange in U.S.
In 1929, when the Wall Street Exchange crushed, the US withdrew all the loans. People rushed in to sell their shares as they thought that the prices would go down drastically. It was said that on the 24th October alone about 13 million shares were sold. This brought about the Great Economic Depression.
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