How did the collapse of the stock market come to hurt so many people wjo did not have money invested in stocks?

The collapse of the Stock Market can have widespread repercussions beyond just investors, as it often leads to economic downturns that affect employment and consumer confidence. Businesses may cut jobs or reduce hiring in response to declining stock values, resulting in increased unemployment. Additionally, as companies struggle financially, they may reduce wages or benefits, further impacting individuals who may not have direct investments in the stock market. This interconnectedness means that even those without stock investments can feel the negative effects of a market crash through a weakened economy.