Spotlight on: the Stock Market Crash
rosenblumtv.wordpress.com/2008/07/
On September 3, 1929, the Dow Jones Industrial average reached a record high of 381.2. At the end of the day on October 24, 1929, the market fell to 299.5. This was a 9 percent decline from the high. This day became known as "Black Tuesday" or "Black Thursday." There is controversy on whether these events happened on a Tuesday or a Thursday. At the sight of this, there was a selling panic. By November 19, 1929 the market had fallen to 199. By the time the crash was completed in 1932, following the Great Depression, stocks had lost nearly 90 percent of their value.
http://history1900s.about.com/od/1920s/a/stockcrash1929.htm
http://www.sodahead.com/united-states/do-you-compare-timothy-james-mcveighs-attack-to-joseph-andrew-stacks-attack/question-875785/?page=4
The crash helped to bring the country into the depression and keep stocks at their all time lows.
Did you know...
The largest losses to the market did not come in October 1929, but rather in the following two years?
http://www.presidentialtimeline.org/html/educators/HCH/stockmarket_kac/
rosenblumtv.wordpress.com/
On September 3, 1929, the Dow Jones Industrial average reached a record high of 381.2. At the end of the day on October 24, 1929, the market fell to 299.5. This was a 9 percent decline from the high. This day became known as "Black Tuesday" or "Black Thursday." There is controversy on whether these events happened on a Tuesday or a Thursday. At the sight of this, there was a selling panic. By November 19, 1929 the market had fallen to 199. By the time the crash was completed in 1932, following the Great Depression, stocks had lost nearly 90 percent of their value.
http://history1900s.about.com/od/1920s/a/stockcrash1929.htm
http://www.sodahead.com/united-states/do-you-compare-timothy-james-mcveighs-attack-to-joseph-andrew-stacks-attack/question-875785/?page=4
The crash helped to bring the country into the depression and keep stocks at their all time lows.
Did you know...
The largest losses to the market did not come in October 1929, but rather in the following two years?
http://www.presidentialtimeline.org/html/educators/HCH/stockmarket_kac/
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