Ms. Nicole Chappell
IB English 11
6 10 2011
The dim Tues solar day: adjourn of 1929
The stock market is one the riskiest factors of all time in losing money. One particular incident that is memorable in the archives of America and the history of economics caused bankruptcy across marriage America. The causes are of various reasons, alone the major one approximately economists agree on is of agricultural. The side effects of this horrific day have continued till the 30s. The economy of the U.S. deteriorated so ill that the suicidal rates skyrocketed much than anytime. That day holds the name of the Black Tuesday.
After the starting World War, the US developed recent(a) technology and change magnitude their production rate. The 1920s were considered the age of juvenile wealth prosperity. Airplanes were invented then, and the confidence in inventing and improving gadgets and such things were oozing. Women odd their tight clothing and approached the new style: loose fitted and more comfortable attire. Money and savings were taken out of their concealment places, whether from piggy banks or under the bed or from the banks, and stack began investiture. And many Americans had the pastime of enjoying the luxury the market had to offer.
The people knew that investing in the stock market is one the riskiest factors in losing money, but the investments in the 20s did not appear that way. In fact, as more people invested in the market the higher the prices of the stocks rose.
After the First World War, the US developed new technology and increased their production rate. The 20s were considered the age of new wealth and prosperity. Many Americans had the pleasure of enjoying the luxury that the market had to offer.
It was a year full of new wealth and people were investing in the stock market. shopping center class society paid about 10% and borrowed the rest. at present the problem beginsIf you want to get a full essay, line of battle it on our website: Ordercustompaper.com
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