even though the stock market was risky it did not seem that way in the 1920’s it seemed like a...
TRANSCRIPT
Stock Market Crash Of 1929
By: Emily Sollmann and Leah Boring
Why?
Even though the stock market was risky it did not seem that way in the 1920’s it seemed like a trustworthy investment
After World Warv1 ended it gave people more confidence so, they invested in stocks
Important Days
Black Tuesday is known as the worst day in stock market history, there were lots of orders and they fell behind quickly
Black Thursday was the begging of one of the stock market crashes
Money
Stocks lost $13 billion or 40% that’s 10 times more than their federal budget
November 13th they lost over $100 billion
Examples
Buyers screamed and often fell to the floor when they got bad news about stocks
Some scared bankers withdrew $144 billion
Effects
The stock market crash was said to be one of the causes of the great depression
The stock crash changed the way investors viewed the stock market
Signs Of Trouble
Early 1929, people and even companies were rushing to buy stocks
From June through August stock market prices had reached their highest
After
Many people lost their entire savings
Lots of companies ruined
Faith in companies ruined
Pictures
Pictures
Microsoft images
About.com
Google Images