Stock Market Crash Of 1929 Research Paper

The 1929 stock market crash was the greatest stock market disaster that has ever occurred worldwide. The result of the Stock Market Crash of 1929 ended in the Great depression that was the next worst even to happened in United States history. In 1929, the United States economy was heading towards rock bottom. Americans across the nation came face to face with the most significant economic disaster of the 20th century. The event that followed the crash was the plummet of the United States economy, The Great Depression. From the date of October 24th, 1929, to two weeks after that left industries in the United States out of business. As a result of the stock market crash, Americans lost all of their stock market investments, and banks lost their

The outcome of the fight had given the United States the ability to obtain extra money, authority, and agriculture resources. The United States generated more products and services than any other country by the conclusion of World War One. In terms of steel, grain, cotton, and coal, the United States was wealthier than even the most prosperous foreign nations. By 1920, the United States' national income exceeded the combined incomes of Britain, France, Germany, Japan, Canada, and seventeen other smaller countries. Almost all previous economic superpowers had been eclipsed by the United States. During the first 2 ½ years of combat, the U.S. was a neutral party and the economic boom came primarily from exports. The total value of U.S. exports grew from $2.4 billion in 1913 to $6.2 billion in 1917. World War One was won by the allies that the United States were helping throughout the battle. Therefore, the United States were a contributor to the success of World War One. When the War ended in 1918, the United States economy was in an era of wealth increase for all privileged Americans which was later given the title of the roaring twenties. For the decades of the 1920’s, the United States economy was boosting in wealth. As a result, many Americans put the majority of their money, if not all of it, into the stock market. This led with many Americans earning their money off of stocks from business and corporations operating the United States. The daily price changes of 30 significant American firms listed on Nasdaq and the New York Stock Exchange are measured by the Dow Jones Industrial Average. The Dow Jones average keeps track of the investments that go into the stock market. The Dow Jones, often known as the Dow or Dow Jones industrial average, is a stock market metric that many economists use to determine the