Black Tuesday
-A result of overproduction, Tariffs lowered trade, Weak European economy usually if a country goes under it will affect the rest of the world.
- Dow Jones industrial average collapsed.
-Continued sell off continued until 1932 when the DIJA was 89% of its 1929 peak
-People threw themselves out of buildings
-Bank closes
-Businesses go under
-"Agriculture is not crop production as popular belief holds - it's the production of food and fiber from the world's land and waters. Without agriculture it is not possible to have a city, stock market, banks, university, church or army. Agriculture is the foundation of civilization and any stable economy."
- Allan Savory
- Dow Jones industrial average collapsed.
-Continued sell off continued until 1932 when the DIJA was 89% of its 1929 peak
-People threw themselves out of buildings
-Bank closes
-Businesses go under
-"Agriculture is not crop production as popular belief holds - it's the production of food and fiber from the world's land and waters. Without agriculture it is not possible to have a city, stock market, banks, university, church or army. Agriculture is the foundation of civilization and any stable economy."
- Allan Savory