1930's Wall Street By, Caity Day 5/1/09 P.4

Before... • 1920’s was a time of wealth and riches • Irving Fisher famously proclaimed, "Stock prices have reached what looks like a permanently high plateau."

Great Crash ~1929~ • Thursday, October 24, 1929 • Most devastating stock market crash in the history of the United States • Black Thursday, Black Monday, and Black Tuesday Trading floor just after the crash

Analysis • Crash lasted one month • Six-year run lost in 3 days • 1 day lost 14 billion dollars in values

America Affected • Banks failed and lost money • People lost jobs • People sold all their belongs to get through the day

• People were lining up to get a free meal, 1 meal a day • Crash lead many people to kill themselves • Homes turned to shacks, majority began to live on the street • People wore signs to get help ____

Recovery • The Dow Jones Industrial Average (DJIA) recovered early in 1930 • It took a great deal of time to Recover and get back to how it was

• Wikipedia. Wall Street Crash of 1929. 02 May 2009 <http://www.wikipedia.com>. • &quot;The Wall Street Crash&quot;. Ibis Communications. 5/1/09 <http://www.eyewitnesstohistory.com/snpmech5.htm>. Bibliography