why did stock prices drop so quickly in 1929?\ncompanies were less valuable in october than they were in the…

why did stock prices drop so quickly in 1929?\ncompanies were less valuable in october than they were in the summer months.\npeople started investing in other things, like real estate.\ninvestors panicked when stock prices fell and tried to sell as quickly as possible.\ndone

why did stock prices drop so quickly in 1929?\ncompanies were less valuable in october than they were in the summer months.\npeople started investing in other things, like real estate.\ninvestors panicked when stock prices fell and tried to sell as quickly as possible.\ndone

Answer

Brief Explanations:

In 1929, when stock - prices started to fall, investors panicked. This panic led them to sell their stocks rapidly, causing a further and quick drop in stock prices. The other options about companies being less valuable or shift to real - estate investment are not the main reasons for the quick drop.

Answer:

Investors panicked when stock prices fell and tried to sell as quickly as possible.