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.

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.

Answer

Brief Explanations:

In 1929, when stock - prices started to fall, investors panicked. This panic led them to sell their stocks rapidly, which in turn caused stock prices to drop even more quickly. The other options do not fully explain the rapid drop. Companies' value change in a short - term is not the main reason, and a shift to real estate investment is not the key factor for the sudden stock price crash.

Answer:

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