Monday:
the 1920 stock market crash
- stock prices were grossly inflated, did not have real value watered stock prices
- over speculation during the 1920's
- buying on the margin
- led to people being in debt and watered stock prices
- over production of goods
- uneven distribution of wealth
- people were not buying products
- too much borrowing from banks
- Federal reserve increased interest rates
- Lack of government regulation
We voted for a candidate
Comments
You are missing a week of notes and this weeks is pretty brief.