Stock Market Crash

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Title: Stock Market Crash

Essay Details:

Subject: Business

Author: James E

Date: May 20, 2011

Level: University

Grade: A

Length: 2 / 384

Essay text:

After this decline there was a selling alarm, as everyone wanted to get his or her money out of the stock market. Bierman concludes that the stock prices were too high in October of '29 and that a crash in the market was bound to happen. "The Reasons Stocks Crashed in 1929" by Harold Bierman Jr. reviews a small set of possible causes for the crash and reaches specific conclusions about the events that led to the biggest stock market crash in history. The 29th of October will always be known as Black Tuesday but it was not the only day the stock market struggled. The New York Times of October 4th headed a page one article "Year's Worst Break Hits Stock Market", but almost all reported business news was still very optimistic...

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