The stock market crash of 1929 is still the worst market crash that happened in the last 100 years. Over the years financial academic scholars have studied this stock market crash in great depth to ensure that it does not happen again. Many lessons have been learned. Today the stock markets are much more better regulated and have inbuilt circuit breakers that halt trading when stock market prices try to plunge too rapidly. Watch this BBC2 documentary on the great stock market crash of 1929 if you are interested in understanding what happened.
BBC2 Documentary On The Great Stock Market Crash Of 1929
