Y2K vs. Stock Market Crash
The stock market crash of 1929 and the year 2000 bug are very similar. Black Thursday was not one of the brightest days in American History. This day was the cause of a nation downward spiral that closed 4000 banks, starting the great depression, and leading to stock that at one time would decrease 89% to the value some had bought. The cause of the stock market crash was largely due to over investment. The problem was people who didn’t have the resources, investing from credit to buy into the short-lived age of wealth. Many people now are investing data in computers that is irreplaceable. They leave the data there assuming it will be there the next day or whenever they need it. In an age of information this might not be a wise idea. People are buying information on m
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Some common words found in the essay are:
Computer Dummies, Black Black, American History, , Tax Windows, data crash, stock market, stock market crash, 2000 bug, market crash, shares sold,
Approximate Word count = 524
Approximate Pages = 2 (250 words per page double spaced)
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