1. The Stock Market Crashes
Objective: The effects of the stock market crash on the U.S.

2. The Crash
Economists had differing opinions on the stock market’s future
Most of society looked at the past several years and saw only success
Saw as much as a 50% gain in a year
Some started to see some economic issues rising
Sales of manufactured goods
Rumors of big investors getting ready to take their money out of stocks
Could cause prices to collapse

3. The Crash October 24th, 1929 – nervous investors began selling stocks
People noticed the trend of stocks being sold
Joined in the selling
So many stocks being sold with almost no one there to buy them
“Traders on the floor shrieked and howled their offers for desperate minutes before they found takers. Such a roar arouse from the Stock Exchange floor that it could be heard for blocks…” from the Seattle Post-Intelligencer

4. The Crash
Some groups of leading bankers attempted to buy stocks to prevent further collapse in prices
This helped stop the panic for a short time
Friday (The crash happened Thursday) some stocks rose slightly
Monday when trading opened stock prices plummeted
Tuesday was the worst day of all
These sell offs affected even the most solid companies (About 16 million shares)
Called Black Tuesday

5. The Crash Stock Market dropped in value about $16 billion
Nearly half of the market’s value
Ticker-tape reported a steady stream of falling prices