Stock Market Crashs of 1929 and 1987

A detailed Summary of Stock Market Crashs of 1929 and 1987

The Stock Market Crashes of 1929 and 1987

The stock market crash of 1929 occurred over a period of time that was the beginning of what is called the Great Depression. Everyone wanted to invest their money in the stock market. People thought that the stock market was the perfect place to make money.

The Stock Market Crash began on Oct. 24,1929 as stock prices were already dropping. On this day approximately $15 billion dollars was lost and many lost their life savings. Companies stocks prices dropped and banks also lost all their money because it was loaned to buy stocks and the people were unable to repay the banks. The Stock Market Crash was a disaster.

The stock market was not always this unstable as it was

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Approximate Word count = 484
Approximate Pages = 2 (250 words per page double spaced)

Category: History

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