论美国三十年代股灾的原因及影响.pdfVIP

then the stock buys, public investment psychology, stock market supervision systems shortcomings, caused the stock market speculative bubbles and excessive growth, and pave the way for the crash. The third, the improper monetary policies which were carried by the FED. The FED before the laissez-faire in the crash of stock market regulation and streamline, culminated in the crash of unavoidable, and the crash of the improper monetary policies after the stock market crash has expanded the negative impact to stock market, the crash has become increasingly serious. The forth part expatiated the influence of the crash of the American stock market. Two small parts constituted this part. The first, the crash of the American stock market brought a extreme impact to the economic and social of the America and the world .The crash of the American stock market brought a extreme negative impact to the real economy of the America. The crash eventually evolved into the financial, industrial, agricultural, trade crisis broke out simultaneously, economic stagnation, high unemployment, social unrest. The further spread of the crisis, stock market crash led to an international trade war, causing the collapse of the international monetary system, the Western countries have fallen into a recession. The second, the stock market crash and the America should permit the reform of the stock market system. The crash has revealed the disorder and exposed to a deficiencies in the stock market, while has greatly increased the prosperity of the stock market hidden under the exposure of illegal acts in 1930s.Newly elected President Roosevelt took large-scale