Stock Market Crash of 1929 - Kevin Smith, How the Stock Market Works

This quote was added by jmour21
Many people had been using stocks as collateral for loans they had taken out at banks, so when the stock value dropped, the banks would often ask people and businesses to repay their loans, causing a massive wave of bankruptcies. This is how the crash in stock prices spread to the economy as a whole.

Train on this quote


Rate this quote:
3.8 out of 5 based on 28 ratings.

Edit Text

Edit author and title

(Changes are manually reviewed)

or just leave a comment:


Test your skills, take the Typing Test.

Score (WPM) distribution for this quote. More.

Best scores for this typing test

Name WPM Accuracy
gelbut_no_mercy 199.41 100%
wolfram 140.23 97.7%
stormspirit97 133.07 96.8%
user295704 132.90 96.8%
cspenguino 131.83 97.4%
brainfreezy 123.93 96.2%
eweclear 122.90 96.2%
ocean.side 118.85 97.7%

Recently for

Name WPM Accuracy
sterk0975 59.16 95.3%
jahir12 20.21 88.8%
chaoticwolf 90.86 89.3%
same0l_b 65.15 95.6%
castillo 54.32 96.5%
ususangry 71.73 92.3%
user71460 91.50 92.6%
user521520 84.53 97.1%