stock marcket

A detailed Summary of stock marcket

In this paper I am going to discuss the 1929 stock market crash. First I

will give a brief summary of the crash and then I will compare it to the

stock market today. I will also give examples of how people today are more

cautious with their money and what was learned from the Great Crash of 1929.

On October 24, 1929, Black Thursday, the stock market took a sickening

plunge and wiped out many private investors. The following Monday, the

market fell again and many businesses were bankrupted. People felt things

couldn't get worse, but they did. The next day, October 29, black Tuesday,

the market went into a terrifying free fall as stocks could find no buyers at

any price. The economy was devastated and would not recover for a full

This was the time of the great crash, when securities

There is no definite answer whether a future crash might result in another

Roosevelt established a new federal agency the Securities and Exchange

stock exchanges lost more then a third of their value that haunted the

Approximate Word count = 564
Approximate Pages = 2 (250 words per page double spaced)

Category: Arts

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