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 1/22/12 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 about their real value. When large-scale selling ccured in Ocotober 1929, the market crashed.
3)With little help from the federal government, urban communities struggles to provide for the hungry and homeless.
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 realy value. When large-scale in October 1229, the market crashed.
3.)The global economic downturn, debt, tge unequal distribution of wealth, and overproduction.
1.hoping to eatn enormous profits from risking stock prices.
ReplyDelete2.speculative buying drove stock prices abouve their real value. when large-scale selling occured in oct 1929, the market crashed.
3.many factors contributes to the great depression: the global economic downturn, debt, the unequal distribution of wealth, and overproduction.
1. because they new that in the end it would stimulate the economy
ReplyDelete2. speculative buying,
3. debt, economic turndown.
1.) Many americans hoped to gain huge profits from the rising stock prices.
ReplyDelete2.) Speculative buying drove stock past their real value, large scale selling occurred and the markets crashed.
3.) The global economic downturn, debt, the unequal distribution of wealth, and overproduction all caused the great depression
1)In the 1920s more people invested in the stock market than ever before. ... Many people bought refrigerators, cars, etc. with money that they did not have. ... The American farms and factories produced large amounts of goods and products
ReplyDelete2)Lax laws governing the operation of the stock market, speculation, and too much margin (buying without the cash).
3)1. 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. 2. There was over speculation in the Stock Market, which was not regulated. Many Americans purchased stock on credit. This was known as margin buying. 3. Increased manufacturing and agricultural output, but wages that did not keep pace for the consumers to purchase all that was produced or grown. Hence, inventories increased and agricultural income remained low. 4. Buying on credit, known in the 1920s as installment buying. People purchased things like refrigerators on time, and did not have money to pay for the product in the future, when the bills became due. 5. Federal regulations on businesses also contributed to the cause. Especially favorable to the large corporations were the taxes laws which were written to encourage business expansion. 6. Banks were permitted to speculate in land and the stock market with little government regulations. 7. High tariffs and war debts helped spread the depression world wide. 8. The Stock Market Crash of 1929 signaled the beginning of the Great Depression.
1.) Herbert Hoover said that they were closer to ending poverty than ever before.
ReplyDelete2.)Investors were scared and people began dumping off their stocks.
3.)The global economic downturn, debt, the unequal distribution of wealth, and overproduction.
1) hoping to earn enourmous 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 occoured in October 1929 the market crashed.
3) With little help from the federal government urban communities sturggled to providefor the hungry and homeless.
1)Many people just saw the stock market as an easy way to make guaranteed money because they didn't understand the cycles it goes through.
ReplyDelete2)Too much margin and buying without cash.
3)The failing of wall street
1. Hopeing to earn enourmous 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 occured in october 1929, the market crashed.
3. With little help from the federal government, urban communities struggled to provide for the hungry and homeless.
1.)People had confidence in it. It was a way to get rich quick
ReplyDelete2.)the American agricultural sector was struggling to maintain profitability. Many small farmers were driven out of business because they could not compete in the new economic climate.
3.)The Great Depression was a severe worldwide economic depression in the decade preceding World War II. The timing of the Great Depression varied across nations, but in most countries it started in about 1929 and lasted until the late 1930s or early 1940s
1.)Hoping to earn enormous profits from rising stock prices, many Americans invested in the stock market.
ReplyDelete2.)Speculating buying drove stock prices above their real value. When large-scale selling occurred in October 1929, the market crashed.
3.)With little help from the federal government, urban communities struggled to provide for the hungry and homeless.
1. after the war the cost of living soared, but prices soom fell as a recession took hold and unemploynemt increased.
ReplyDelete2. supply and demand was way off.
3. the stock market crash and the rapidly falling economy.
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.)Many factors contributed to the Great Depression:the global economic downturn,dept,the unequal distribution of wealth,and overproduction.
1) The stock prices were rising and many Americans were looking to earn large amounts of money.
ReplyDelete2) Speculative buying caused a lot of stock prices to exceed their value. This caused everyone to see out and the markets crashed.
3) Global economic downturn and debt both gave rise to the Great Depression. Also, there was an unequal distribution of wealth and overproduction across the U.S.
1-because united state was in the war an they thing sometime the war will be in USA and it will be difficut to buy stuff
ReplyDelete2-teh crises cause that in 1929
3-the war was ended but a lot of amerincan was dead
1. because they new that in the end it would stimulate the economy
ReplyDelete2. speculative buying,
3. debt, economic turndown.