The Stock Market Crash of 1929.
Title: The Stock Market Crash of 1929.
Category: /History/North American History
Details: Words: 879 | Pages: 3 (approximately 235 words/page)
The Stock Market Crash of 1929.
Category: /History/North American History
Details: Words: 879 | Pages: 3 (approximately 235 words/page)
"Wall Street Lays an Egg!" That's what the front page of Variety Newspaper said on the morning of October 30, 1929, as it summed up the biggest stock market crash in American history. Let me tell you a little about that... First of all, how many of you own stock or shares on Wall Street?(Pause.) All, or most of you, probably don't. Well, work with me and picture for a minute that you do. Picture that
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the 1920's, there were signs that the economy was headed toward a downturn, but few people heeded these warnings. When the stock market crashed in October of 1929, many investors were wiped out. Soon, the country would be plunged into the dark days of the Great Depression. If the warning signs wouldn't have been ignored like they were, the stock market crash may not have happened and our economy may not be as it is today.