Throughout the generally prosperous 1920's, isolated voices warned of problems with the American economy. Some people pointed to the farm crisis and to "sick" industries as problems in need of attention. Yet despite these warnings, most Americans believed that the economy would continue to thrive. Then came the stock market crash of 1929. Stock prices plunged, and investors lost billions of dollars. U.S. industries, already showing signs of weakness, almost ground to a halt. (pg. 326, 13.1)
Your Assignment:
1.) Why did many Americans invest in the stock market in the 1920s?
2.) What caused the stock market crash of 1929?
3.) What factors gave rise to the Great Depression?
Due: Sunday 2/6/11 by no later than 11:59p.m.
1) Hoping to earn enormous profits from rising stock prices, many Americans invested in the stock market.
ReplyDelete2)Speculative buying drove stock prices above their real value. When large-scale selling occurred in October 1929, the market crashed.
3)The global economic downturn, debt, the unequal distribution of wealth, and overproduction.
1.They wanted to get rich quick. They were hoping to earn enormous profits from rising stock prices, many Americans nvested in the stock market.
ReplyDelete2.Large investors suddenly began to sell their shares. The dumping of so much stock on the market jolted investor confidence and caused prices to plundge.
3.The Global economic downturn, debt, the unequal distibution of wealth, and overproducation.
1. They invested in the stock market because they hoped to earn enormous profits from rising stock prices.
ReplyDelete2. Speculative buying drove stock prices to their real value, large-sclae selling in October 1929 was also a factor.
3. The global economic downturn, debt, the unequal distribution of wealth, an overproduction
1) Everyone needed to save up since the great depression was coming and many people were losing their jobs.
ReplyDelete2) People who took out loans
couldn't pay them back and eventually caused a major decrease in the community's money.
3) Unequal distribution of wealth. There was not a large middle class. While wages were rising for the majority of workers, they were not keeping pace with the increase in the cost of living or the wealth in the hands of the industrialists and others in the upper income classes.
1. they were hoping to earn enormous profits from rising stock prices.
ReplyDelete2.when speculative buying drove stock prices above their real value. when large scale selling occured is when it crashed.
3.global economic downturn, debt, the inequal distribution of wealth, and overproduction.
1) Hoping to earn enormous profits from rising stock prices, many Americans invester in the stock market.
ReplyDelete2)Large-scale selling occurred an Oct 1929, making the market crash.
3)Global econmic downturn, debt, the unequal distribution of wealth, and overproduction were all factors.
1.They wantted to get rich quick.
ReplyDelete2. Large investors became nervous so they sold their stock.
3. Brokers were demanding money, people were forced to sell stocks.
1- they wanted to get rich quick
ReplyDelete2- the big investors got nervious and sold out quick
3- brockers demanded money and people were forced to sell stocks
1.everyone needed to save up since the great depression was coming and many people were losing their jobs.
ReplyDelete2.people took out loans, they couldnt pay back.
1.stock sales had risen steadily for several years, as demand rose, so did stock prices.and to make quick profit.
ReplyDelete2.black tuesday prices sank in shocking new low as incestor dumped pver 16 million shares
3the deep ecpnpmic downturn that gripped the United states.
1- People were investing in the stock market to make money to buy the new utilities such as refrigerators.
ReplyDelete2- The people were barrowing the money to by the stocks.
3-Unequal distribution of wealth.
High tariffs and war debts helped spread the depression world wide. The crash of the stock market made it the great depression.
1) People were trying to get money because they knew the Great Depression was coming and people were loosing their jobs.
ReplyDelete2) People would take out loans and not be able to pay them back so the economy was dwendling.
3) Because people invested in the war only to get nothing in return.
because when the ecomicy crash somepeople didnt throw their money because when the ecomicy comes back somepeople will be rich.
ReplyDeletethe affact of the war and the affect of how are the farms are going doing
the farms and the sickness and such and such and the affact of the war and goes on
1)Cuz they knew the econemy was gana go bad and alot of people were going to lose their jobs.
ReplyDelete2) The loans of other people were going over board.
3)The Global economic downturn, debt, the unequal distibution of wealth, and overproducation.