Stock Market Crash Of 1929 Essay

The Stock Market Crash of 1929 is notoriously known as one of the darkest days in United States history (Rose, Pg. 64). For it marks the unofficial beginning of struggles for not only stockholders, but to the population of the U.S. as a whole. This time period, better known as the Great Depression, was not only felt by almost every adult resident in the United States, but also by people that had no clue what the stock market even was. Children, women and men alike all suffered from the finical impact of the event that occurred on that frightful day. But the money was not the only thing affected; the social structure of American leisure time, education, families and lifestyle was forever changed to the point of no return, at least for a long time. The thought of ten billion dollars vanishing does not sound like it could go anywhere productive or beneficial, which was exactly what happened on Tuesday the 29 of October, 1929 the day of the largest stock market crash in the U.S. known as “Black Tuesday” (Rose, Pg. 64). Millions of Americans could not believe the biblical proportions of this …show more content…
Some examples of positive escapism were, going to the movies, attending sporting events such as boxing and horse races, and listening to the radio if people were lucky enough to have one (ushistory.org). Such things took peoples minds away from the problems they would soon have to face after their movie or event was over, it distracted people in a positive way. But there were more than just positive forms of escapism; the more delinquent group of the Great Depression participated in negative activities such as becoming victims to alcoholism, or even more permanent alternatives, suicide (ushistory.org). Such things caused great effects of the population of the American lifestyle, weather it helped ease the pain with a good cinema, or damaged the liver and robbed one of their