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This crisis had a period of prosperity and ostentatious wealth, the Depression created

massive poverty being the longest and most severe in the world economic history, for some investors became pastime fraudulent purchase shares in companies, and when the government raised their interest rates and there came the panic. Investors were desperate to liquidate their stocks, but the money just was not there

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hyperinflation hit Germany and immediately after World War II Germany accused

of deliberately sabotaging their own economy to avoid making these payments. But Germany did eventually regain control of its inflation

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This crisis affects the social sector too because it generates high unemployment and governments unable to control their own finances, all this is caused by poor public monetary policies

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In the United States production declined and the value of oil went up, this hard crisis, five months, but today even this effect is, America lost many millions but in 1977 developed strategies for oil.

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This crisis is concerned that European countries pay their foreign debts and this is the main problem, and it has spread to EE.UU

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when US interest rate reducio became much more striking than an Asian market, this made some risky the Asian market, this led to a global crisis without precedents

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This crisis affected Russia, the proceeds of corruption, this country and biggest oil exporter in the world, was affected when investors pulled their money out of the country, affecting the dow that suffered the biggest drop in history.

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Billions of dollars were wiped off the markets and led many countries percipience value, the affected countries were hong kong, UK, australia and new zealand. But is not sure about the causes.

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This crisis affected the US, led the Dow down 50% which caused the stock to fall twice. to the national monetary commission created, they created a law to prevent paicos to cause damage to the economy

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TOO LITTLE CREDIT AND INTEREST RATE THAT DID NOT HAVE GROWTH COUNTRY. TODAY THIS PROBLEM STILL FEELS IN JAPAN. JAPAN DOCTOR BUT CAN NOT RETURN TO BE IMPAIRED.