STOCK Paper

This essay has a total of 454 words and 3 pages.

STOCK

Stock Market Crash of 1929
The 1920's were a time of great prosperity and growth for Americans. The time period even
got the nickname "The Roaring Twenties." Americans were high in spirits, and times were
changing. The stock market plays a significant role in the health of the economy; the
economy has to be strong for a country and its citizens to prosper. In 1929 over a pe
Stock Market Crash of 1929

The 1920's were a time of great prosperity and growth for Americans. The time period even
got the nickname "The Roaring Twenties." Americans were high in spirits, and times were
changing. The stock market plays a significant role in the health of the economy; the
economy has to be strong for a country and its citizens to prosper. In 1929 over a period
of two weeks 30 billion dollars disappeared from the U.S. economy, this was the event that
started the greatest period of human hardship.

Many Americans purchased stocks because they were certain of the economy. People started
selling their stocks at a fast pace; over sixteen million stocks were sold. Numerous stock
prices dropped to fraction of their value. Banks lost money from the stock market and from
Americans who couldn't pay back loans. Many factories lost money and went out of business
becau Stock Market Crash of 1929

The 1920's were a time of great prosperity and growth for Americans. The time period even
Continues for 2 more pages >>




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