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As a matter of fact there are measures to make sure this sort of thing never happens again. Federal Deposit Insurance Corporation was created after the depression to ensure this would not happen again.
The crash had happened with many people who had seen it coming. But the business were making money at the time so they had much less concern. The stock market is a very interesting tool for business's. Most capital in the United States was represented in stocks at the time. Capital is the tools needed to make things of value from basic raw material, such as a building or a machine. Owners of the corporations took stocks into the form of shares of stocks, which are essentially apart of the company...
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