1. Calculating Percent of Loss By Amanda Wiggins

2. Stock Market Crash  Average price of 50 leading stocks sank by half  In the last 4 months of 1929 the overall value of stocks fell $40 billion  In the following years the stock market would continue to plummet  General Motors stock was once at $73 but would fall to $8 during the Great Depression

3. U.S. Steel  On September 3, 1929 their stock sold for $262  By November 13, 1929 their stock sold for only $150  Their stock dropped to $22 per share at its lowest point

4. Calculating Percent of Loss Stock fell from $262 to $22 1.262 – 22 = 240 2. 240/262 = 240 ÷ 262 =.916 3. 100 ×.916 = 91.6%

5. U.S. Steel stock lost 91.6% of its value during the Great Depression

6. Montgomery Ward  Before the crash, their stock sold for $138  In the next few months their stock dropped to $49  At its lowest point during the Depression, their stock sold for $4

7. Calculating Percent of Loss Stock fell from $138 to $4 1.138 – 4 = 134 2. 134/138 = 134 ÷ 138 =.971 3. 100 ×.971 = 97.1%

8. Montgomery Ward stock lost 97.1% of its value during the Great Depression