Today in US History we watched a video on the stock market crash and the aftermath of it. Ibe nab predicted the crash, but no one believed him and everyone yelled at him for it and got really upset with him. Just months later, the crash happened.Everyone took the crash hard and started to make a big deal about it. Later on, President Hoover calmed everyone down and so did baseball season. Other news such as tradgeides in other countries, began to take over the headlines. After teh season, the crash took its toll on everyone. Everyone became depressed, work was hard to find and it was just a horrible time for everyone. Everyone was looking for a lucky break.At one point, the stocks rose again and everyone was happy. Graf Zepplin sailed and the Marx brothers made a movie. A song called "I'm in the Market for You" was always on the radio. In August Meehan put a new service in act. You could just walk into his building and place a bid.Everyone believed that everyone could be rich. Later, someone said that stock market would soar high. The market reached its highest point in September.The man who predicted the crash, was still predicting it. This time investors listened. Later, the market took a dip. It kept rising and falling then finally took a bigger dip.October 24, the market took a huge tumble and no one could place many bids. Everyone was restless and it was one of the worst days they have ever seen. Morgan but his money in the market and everyone was excited that the crash was over. It was only over for that day.On Monday, the market dipped again, and the real crash was on Tuesday when the market dropped an extreme amount. Everyone panicked and were running around not knowing what to do. Morgan kept pouring money into, not believing anything was wrong.
Comments