great depression

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Title: great depression

Essay Details:

Subject: Psychology

Author: Jack W

Date: January 17, 2013

Level: University

Grade: A

Length: 1 / 245

Essay text:

The depression caused some countries to change their type of government and their leader. The stock market crash occurred from 1925 to 1929. During this period the price of common stocks on the New York Stock Exchange more than doubled. When stock values rose it encouraged many people to buy stocks hoping to make large profits following the future price increases. Black Thursday was Oct 24, 1929 when the stock values dropped. The Friday and Saturday after Black Thursday stock prices remained steady. On Monday stock prices fell once again. By Tuesday, October 29, the stockholders panicked and began to sell a record of 16,410,030 shares of stock...

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