~1920’s~
Automobiles and Airplanes
What were some impacts of Cars?
What did Lindbergh Accomplish?
What was the main Purpose of planes?
- Impact of Cars
- Ford was the big name
- Helped women get to jobs and change the way they live
- New roads and gas stations
- More job opportunities
- Types of Cars
- Chrysler Model B-70
- 70-75 mph
- Renault 6 CV NN
- Convertible
- Luxury Car
- Ford Model A
- Better Model T
- 50-60 mph
- Charles Lindbergh
- First Solo non stop flight across the ocean
- He was in the army and then went to fly mail
- He flew from NY to Paris in 33.5 hours
- Was a barnstormer
- Entertainment and then explained what his plane was all about
- Kidnapping/Death
- March 1932
- Charles Lindbergh’s son was kidnapped and killed
- Bruno Hauptmann was convicted in 1936
- Lindbergh Law was then created to outlaw kidnapping
- August 26th 1974 Charles died of Cancer
- Amelia Earhart
- 5 years after Charles she sent off across the Atlantic Ocean and accomplished the flight
- She was trying to fly around the world
- 7,000 miles left in the flight and she disappeared
- Possibly found Earhart's airplane wreck in New Guinea
- Plane Uses
- Most planes were used for transporting mail
- Military reasons
- Entertainment
- Great feats
- Nascar
- Started with bootleggers
- Runners - Running form the law
- First ever race was in Daytona Florida. February 15th 1948
- Red Byron won the first race in a Ford
Causes of Stock Market Crash
What are the causes of the Stock Market Crash
How did the stock market crash influence the public?
- What is a stock
- Small part of company that people can buy and sell
- When stock is good money is good
- Before the Crash
- Everything was good for many Americans
- Had jobs
- Cars
- People were buying on credit
- Stock Market plateaued
- Didn’t know what the market was going to do up or down
- Stock Market Crashed October 29,1929
- Rich men buying stock for lot less then then were selling them
- Buying on margin
- Buying from a broker to buy stocks
- Buying on credit from broker basically
- Huge problem - Overvalued stock prices
- No Government laws regulating stock market
- Pooling
- Rich people pool money and then buy all the stock of the company.
- Make the prices of the stock skyrocket
- Pay off newspaper reporters to say that they need to get into the stock
- The people were paying on credit
- Huge debt
- People took out loans from the bank
- Influence after crash
- People tried to get out, selling stock when it started going down
- 30% unemployed after crash
- People lost hope after the crash
- Suicide rates went up
- Many couldn’t provide for families Copied From 7Jacob as I missed when we took the notes
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