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Economic Depression a period during which business, employment, and stock-market values decline severely or remain at a very low level of activity.
Election of 1928 Herbert   Hoover
Rugged Individualism Economic problems could be  solved through effort and  cooperation with neighbors…
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
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
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
STOCK: A piece of a company. The owners of a company sell “shares” of the company.
Dividend: An annual payment to  a stockholder, like interest Bling-Bling Cha-Ching Cash Mo' Money
SPECULATE: To buy land/stock when the price is low and sell it  when the price is high.
On Margin: Investors pay for only  part of the purchase price in cash - the rest is owed to  a broker.
Margin Call: When the broker  asks for repayment of  the stock loan.
 
 
 
 
 
 
Tuesday October 29, 1929 BLACK TUESDAY
Unemployment Lines

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Stock Market Crash 1929