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Stock Market Crash 1929
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Stock Market Crash 1929

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  • 1. Economic Depression a period during which business, employment, and stock-market values decline severely or remain at a very low level of activity.
  • 2. Election of 1928 Herbert Hoover
  • 3. Rugged Individualism Economic problems could be solved through effort and cooperation with neighbors…
  • 4. New York City Electric Sign: 1920 YOU SHOULD HAVE: $10,000 AT THE AGE OF 30 $20,000 AT THE AGE OF 40 $30,000 AT THE AGE OF 50
  • 5. New York City Electric Sign: 2001 (12.5 % inflation) YOU SHOULD HAVE: $125,000 AT THE AGE OF 30 $310,000 AT THE AGE OF 40 $625,000 AT THE AGE OF 50
  • 6. New York City Electric Sign: 1920 YOU SHOULD HAVE: $10,000 AT THE AGE OF 30 $20,000 AT THE AGE OF 40 $30,000 AT THE AGE OF 50
  • 7. STOCK: A piece of a company. The owners of a company sell “shares” of the company.
  • 8. Dividend: An annual payment to a stockholder, like interest Bling-Bling Cha-Ching Cash Mo' Money
  • 9. SPECULATE: To buy land/stock when the price is low and sell it when the price is high.
  • 10. On Margin: Investors pay for only part of the purchase price in cash - the rest is owed to a broker.
  • 11. Margin Call: When the broker asks for repayment of the stock loan.
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  • 18. Tuesday October 29, 1929 BLACK TUESDAY
  • 19. Unemployment Lines