Living in 1930s America

The stock commercialize decomposeed in late October of 1929. battalion who had owned stocks sat impotently watching the news as the stocks dropped and investors killed themselves (Ganzel, Crash). Some investors who had realized the ideal signs and had sold their stocks had survived while the new(prenominal)s were not so lucky; other investors had taken advantage of the chock up at the time and had bought the stocks at their current prices (Gitlin). Over the beside two days the measure 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 1 and only(a) fifth of what it had been at its peak. On what is known as colour Thursday October 24th to the highest degree thirteen million shares were traded. On black Thursday a record was set for the measuring stick of trades in the US (welfare muniment project).\nThe crash and Depression o f the mid-thirties not bad(p)ly bear on the populate. It affected their businesses, jobs, home life, and it allowed Roosevelt to become president. after(prenominal) the stock market crash happened and it sent our country into the great depression, it affected our businesses. Most of the people had at sea their cash whether from spend into stocks or by memory their money into the banks. No one was buying from places that were actually at large(p) because nobody had the money to do so. This forced businesses to close down. not only had the people forced the businesses to close but the banks had a part in it also. Businesses that needed 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 experience to them. Some banks had tried to give birth out of the banking system by using their own money but failed. There was a slight increase in stocks at first, but whe n they had dropped again that weekend everyone had gave up (welfare annals project). Between 1929 and 1933 the Unit... If you want to hasten a full essay, severalize it on our website:

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