Living in 1930s America

The stock food market chime ined in late October of 1929. bulk who had owned stocks sat unable to help watching the news as the stocks dropped and investors killed themselves (Ganzel, Crash). Some investors who had realized the standard signs and had sold their stocks had survived while the others were not so lucky; other investors had taken advantage of the clang at the time and had bought the stocks at their current prices (Gitlin). Over the future(a) two days the abide by of companies that were being traded had dropped about 13 percent on Monday and another(prenominal) 12 percent on Tuesday which is now known as Black Tuesday. The stock on the exchange was less than hotshot fifth of what it had been at its peak. On what is known as shocking Thursday October 24th almost thirteen million shares were traded. On black Thursday a record was set for the bar of trades in the US (welfare annals project).\nThe crash and Depression of the thirty-something giganticly bear on the mountain. It affected their businesses, jobs, home life, and it allowed Roosevelt to become president. later on the stock market crash happened and it sent our country into the great depression, it affected our businesses. Most of the people had unconnected their m unmatchabley whether from expend into stocks or by tutelage their specie into the banks. No one was buying from places that were actually expand because nobody had the money to do so. This obligate businesses to chuck out down. not only had the people forced the businesses to close but the banks had a part in it also. Businesses that require the credit from the banks to run had to shut down (Great Depression Video).People had lost money when the banks had invested it without the consent or even the simple association to them. Some banks had tried to farm out of the banking system by using their own money but failed. There was a slight increase in stocks at first, but when they had dropped again that week end everyone had gave up (welfare report project). Between 1929 and 1933 the Unit... If you want to draw a full essay, tack together it on our website:

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