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Alina Bhatia's List: Stock Market Crash - TP

  • Feb 21, 12

    October 29, 1929 was the day that history had changed forever. It was the day of the Stock Market Crash. Many people called it “Black Tuesday” or The Wall Street stock market crash. Millions of people became devastated; they lost all of their money. This event had affected millions of lives. The stock in the market decreased while unemployment rates increased.

  • Feb 19, 12

    Textbook Page 543

    In 1920's, stocks increased.The investors made large profits because they thought that the stock prices would increase and they would keep increasing. If the prices would go high, stocks were sold in a higher price, if they decreased, there were problems.

    October 29-"Black Tuesday" the stocks fell enormously, then investors tried selling their shares. Only some of them sold their shares. People brought stocks on margin, but eventually the burrowers didn't have money to pay back to the banks, so the banks were in bankruptcy.

  • Feb 22, 12

    “Buying stocks on margin”-when people would take loans to buy more stocks. Many people took money from the bank- loan. Investors made large profits, and thought that if the stocks rise they would get more money. Many people didn't pay back the money till later. When the stock market crashed, the people lost most of their money so they couldn't repay the banks. Since the banks didn't have money it eventually got bankrupted. 

     

  • Feb 20, 12

    Page 11-13: Stocks were rising, people brought stocks on margin. Millions of people lost life savings while investing in the stock market. Shops and factories ran out of business. Unemployment rates increased from 4,250,000 to 8,020,000 in one year. Stocks in the market decreased while unemployment rates increased. People who didn't have jobs in 1932 were discriminated. Herbert Hoover was the president during the Stock Market Crash. He refused giving handouts or taking part of anything that dealt with the unemployment relief.

    In some areas, starvation and unemployment kept increasing. A group of farmers seized food from the Red Cross to feed their families. Due to starvation, many groups looted stores and stole food. The cities were not prepared for this situation.

    Nishi, Dennis. Life during the Great Depression. San Diego, CA: Lucent Books, 1998. Print.

  • Feb 18, 12

    www.money-zine.com/...Stock-Market-Crash-of-1929

    • The stock market really crashed over a period of five days.  The first sign of trouble was on Black Thursday - October 24th, 1929.

  • Feb 18, 12

    history1900s.about.com/...stockcrash1929.htm

    • The Stock Market Crash of 1929 devastated the economy and was a key factor in beginning the Great Depression.

      • Stock Market Crash was the main part of starting the Great Depression.

    • October 29, 1929

      • Known as "Black Tuesday", it's when the US stock market crashed.

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  • Feb 18, 12

    stockmarketcrashof1929.net

    • Effects of the Great Depression were suffered worldwide. In the USA unemployment rose to 25%, while it exceeded 30% in other developed countries. Personal income, tax revenue, profit, and international trade dropped by over half of their previous value.
    • globally and lasted for over 10 years

      • null In US, unemployment increased to 25%. This effected the whole world. It lasted for 10 years. -- 2012-02-21
        "The Stock Market Crash of 1929 – Did You Know . . ." Stock Market Crash of 1929. Web. 21 Feb. 2012. <http://stockmarketcrashof1929.net/>. -- 2012-02-21

  • Feb 19, 12

    useconomy.about.com/...Stock-Market-Crash-of-1929.htm

  • Feb 18, 12

    history1900s.about.com/...stockcrash1929_2.htm

    • Since everyone was selling and nearly no one was buying, stock prices collapsed.

      • This caused the stock prices to fall more. People were selling all their stocks to get a bit of money back, but the problem is no one was buying any stocks.

    • 16.4 million shares of stock were sold - a new record.

      • On Black Tuesday 16.4million shares were sold

    1 more annotation...

  • Feb 21, 12

    The Stock Market Crash of 1929 was the most important crash in US history. Millions of lives and several businesses were affected by the crash. People like doctors, shoeshine boys, waiters, invested their savings in the stocks, but lost it all in the crash. In some areas, people stole food to feed their family and try surviving the Great Depression. Many people committed suicides. because they had lost everything. The crash was a point in history that no one will forget. It was the crash that changed history forever.

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