The Wall Street Crash 1929.

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Presentation transcript:

The Wall Street Crash 1929

Stocks and Shares A share is someone’s percentage of a business.

If you buy the majority of shares in a company you can take over that company

The cost of shares affected by: The demand for shares confidence in stock market If people lose confidence in a particular company they will sell thier shares. If lots of people do this at the same time is can make the business go bankrupt.

Watch this clip......... What happens to this family as a result of the Wall Street Crash? Cinderella Man Part 1 (1:40) Part 2

Inflation This is where money loses its value as prices rise

Now find out what the following words mean using a dictionary: Depression Recession

The Great depression In the USA the Wall street crash led to high unemployment as businesses and people went bankrupt. “Of Mice and Men” is a Novel set during this period. http://www.youtube.com/watch?v=LVFO__ryRSc

“America sneezes and the world catches a cold” What does the above sentence mean?

Activity Write a diary extract/letter that explains th effects of the Wqall Street crash on you and your family. Think about the pictures and clip from Cinderella Man. Homework Research the reasons why the wall street crash happened. Did this affect other countries and if yes, why?