1916 - 1917 Stock Market Crash

While the whole world was encompassed by the tyrant sway of the World War 1, the U.S economy suffered a big blow in 1916-17. noted throughout the history for having one of the most developed economy, the country faced the 1916-17 Stock Market Crash. Since the World War I was an odd time for Wall Street the trading of the securities and stocks was not at all lucrative. The downward trend of the stock market led to a widespread anxiety and turbulence among the businessmen and the big business houses along with the investors.

The 1916-17 Stock Market Crash saw an enormous negative rise in profit. The stock market declared a loss of more than 40%. As the New York Stock Exchange was closed for most of the latter part of 1914, the shares in the Dow were hampered for the next couple of years. This stock market crash Of 1916-17 is infamous as one of the worst stock market crashes,which was resulted owing to Germany's attack on US shipping. As Germany withdrew its promise to safeguard American ships, the U.S govt suffered a terrible loss and its Dow lost more than 7% of its value.



The presence of a hostile political situation worsened the situation.

Starting from the market mayhem to a prolonged state of economic depression,the crash had one of the worst effect on the economy of U.S. Beside the slump in market, the 1916-17 Stock Market Crash proved fatal for the middle and lower class people. The two years of immense hardship almost came to an end by November 1919. those who have witnessed this considers it not only the worst hit Stock Crash Of 1910's,but one of the few worst that befell on U.S economy. It was possible to regain back the market position,since US remained out of the European war.