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Published byJustin Casey Modified over 9 years ago
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Even though the stock market was risky it did not seem that way in the 1920’s it seemed like a trustworthy investment After World Warv1 ended it gave people more confidence so, they invested in stocks
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Black Tuesday is known as the worst day in stock market history, there were lots of orders and they fell behind quickly Black Thursday was the begging of one of the stock market crashes
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Stocks lost $13 billion or 40% that’s 10 times more than their federal budget November 13 th they lost over $100 billion
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Buyers screamed and often fell to the floor when they got bad news about stocks Some scared bankers withdrew $144 billion
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The stock market crash was said to be one of the causes of the great depression The stock crash changed the way investors viewed the stock market
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Early 1929, people and even companies were rushing to buy stocks From June through August stock market prices had reached their highest
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Many people lost their entire savings Lots of companies ruined Faith in companies ruined
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