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    Stock Market Crash Essay

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    HISTORY 1302 WRITING ASSIGNMENT Explain why the stock market crash of 1929 occurred and tell how it turned into a major Depression. Describe the major ways in which the Depression affected Americans. What did President Hoover and President Franklin D. Roosevelt do about the Depression? Though the New York Stock Exchange was founded in 1817, its actual foundation was masterminded as far back as to 1792 when a group of merchants and stockbrokers entered into an agreement in Wall Street. In…

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    closed, and even more people without jobs. The stock market crash of 1929 was a very important event in United States history. This was a pivotal moment in the United States because of the drastic change it had on american lives. In order to fully understand how big of a deal this was a person needs to know a few basic ideas including, what are stocks, the stock market boom of the early 1920’s, what caused the crash, the effects of the crash, and how they fixed it. “Stocks are ownership stakes…

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    The Market held many shares which were worth well over a million dollars apiece. In the spring of 1929 it started falling slowly up until the fall. In the fall of 1929 the Stock Market hit its all time low with a major crash. There were many causes and effects of the Stock Market Crash of 1929, but the aftermath known as Black Tuesday stunned the Wall Street investors which led to the Great Depression in the 1930s. The Stock Market was the top dog of the income factor for the United States in…

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    Stock Market Crash of 1929 is one of the Most Important Events in US History. Analyze at least 3 Causes and 3 Effects One of the biggest catalysts for the Great Depression was the Stock Market Crash of 1929. The stock market crash was devastating to investors and businesses alike, however, the reason why the crash happened was a combination of both sides and their lack of caution in terms of the overall condition of the economy, and strict federal policies that accelerated the crash. The…

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    it.Everyone became intrested in stock around the 1930’s people all thought it was an easy way to make money, but when the fundamental value of stock is so over habituated, people often forget that if the company goes bad, the stock goes bad. Stocks crash for many reasons, one main reason is when a bubble pops, a bubble is usually created when the p:e ratio is above that of the s&p 500’s, when a company's p:e ratio is above this, that means the company is growing faster than the average of all…

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    the stock market suddenly stopped some of the wealthiest people in our country instantly became paupers. Of coarse as a direct result of the crash, the economy weakened and unemployment skyrocketed. Now as to whether the crash was the case of the great depression is still strongly debatable. Since the great depression happened after the 1929 stock market crash, many people blamed it for the economic collapse. Some held President Hoover responsible, others targeted the brokers, bankers, and…

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    stock market to keep an income, started to notice the effect of the crash in his industry. At that time, I was about 10 years old, but never understood why the “stock market crash” meant we had to keep a tighter budget than usual. It was a stressful time for my dad. When I asked him about it he said, “The housing market crash made investing very difficult...I noticed about 40% of financial advisors left the industry due to the crash.” Though my dad was able to stick it out and…

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    The Economic Crash of 1929 The 20’s are considered one of the best eras in history. Citizens were enjoying the rise of companies and businessmen such as Henry Ford, whose company created jobs and opportunities that would affect the whole country. For the first time in history, America had become a society based on consumerism. The problem was no longer whether if businesses could provide enough products, but whether they could make society consume their product. If was a glorious era up until…

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    Hoover and the Crash HW TERMS & Names Herbert Hoover: Secretary of Commerce, he was also the Republic Candidate for President in 1928. He predicted growing prosperity. He made an agency to lend money to states, cities, and towns. In 1932 he lost to Franklin Roosevelt. Speculation: Buying and selling stocks in the hope of making quick profit. Buying on margin: Paid a small part of a stock's price as a down payment and borrowed the rest. The system only worked as long as prices rose, if prices…

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    great amounts of money into stocks, but on October 29, 1929 the stock market took a downturn in which eventually led to the events of the Great Depression. As the stock market crash not it only did it affect millions of Americans, it affected the economy as well. This tragedy is historically known as “The Stock Market Crash of 1929,” were it focuses on the events that led to the stock market’s collapse and its aftermath, The Great Depression. Why did it happen? Capital had a great significance…

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