Stock Exchange! In the 1920’s, people began to have more and more access to credit. Many people began investing their money in stocks- shares of publically.

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Presentation transcript:

Stock Exchange! In the 1920’s, people began to have more and more access to credit. Many people began investing their money in stocks- shares of publically traded companies.

TODAY, WE ARE WILLING TO GIVE YOU TWO HUNDRED DOLLARS TO INVEST IN ONE OF THESE COMPANIES: The Stock Exchange!

The Companies Rambo Financial Services Has grown by $30 a share each of the last 2 years. Hope Secondary INC. Has recently bought a huge chain of grocery stores. Fraser Canyon LTD. Very aggressive concrete company.

Year One RFS- $100 share worth $110 HSI-$100 share worth $120 FCL-$100 share worth $110

Year Two RFS - $100 share worth $120 HSI-$100 share worth $120 FCL-$100 share worth $130

Buying on the margin If you would like, you can pay only $10 a share to buy some more $100 shares. The Bank of Ms. Campbell will pay the rest right now, and you can pay them back later!

Year Three RFC - $100 share worth $130 HSI-$100 share worth $120 FCL-$100 share worth $140

1929 RFC - $100 share worth $0 BANKRUPT HSI-$100 share worth $1 FCL-$100 share worth $10

Stock Market Crash Tuesday, October 29,1929 the New York Stock Exchange collapsed. Everyone panicked as stock prices fell and tried to “sell, Sell, SELL!” driving prices lower. The collapse of the stock exchange marked the end of the prosperity seen in the 1920’s and the start of the Depression of the 1930’s.

Helped kick off the “Dirty Thirties,” an era also known as “The Great Depression”