• American History Stock Market
    595 words
    The United States Stock Marketing the world today, people buy and sell to make a living. The American stock market is a great example of what it is like to buy and sell. The saying of the stock market is "buy low, sell high." That means you buy a stock at a low price and sell it when it gets to a high price. There are two main stock exchanges. The American Stock Exchange and Nasdaq. They are what most people basically trade on. Basically the first major incident in the stock market was the Grea...
  • Stock Market Crash 1929 October Bierman
    402 words
    Stock Market Crash of 1929 The day the stock market crashed, October 29 th, 1929, is now known in infamy as Black Tuesday. "The Reasons Stocks Crashed in 1929" by Harold Bierman Jr. says that there were many events that led up to the Stock Market Crash. On October 24 th, 1929, the stock market fell 9% during the day, which was a huge deal back in that time when a lot of people had money invested in the Stock Market. After this decline there was a selling alarm, as everyone wanted to get his or h...
  • Y2k Vs Stock Market Crash
    514 words
    The stock market crash of 1929 and the year 2000 bug are very similar. Black Thursday was not one of the brightest days in American History. This day was the cause of a nation downward spiral that closed 4000 banks, starting the great depression, and leading to stock that at one time would decrease 89% to the value some had bought. The cause of the stock market crash was largely due to over investment. The problem was people who didn't have the resources, investing from credit to buy into the sh...
  • The Great Depression Where True Heroes Are Found
    1,602 words
    October 29 th, 1929, a day in history that I will never forget. My name is Bob Bigs by, and I survived The Great Depression. My survival was all due to two of the hardest working people I have ever met, my mom and dad. It was just the three of us living in our small two-bedroom house in New York City, right outside of Manhattan, home to Wall Street and the New York Stock Exchange. I was 11 years old at the beginning of the Depression; old enough to remember some of the worst sights and experienc...