Monday- I presented
- Stock MArket Crash
- Large Bank LOans
- Low wages
- Lack of government involvment - pooling + buying on margin
- Credit usage
- Over Valued Stock Prices
"Black Thursday" - 12,894,650 stocks traded
- Investment companies bough stock- moderate rally no Friday
- Monday- market went into free fall
-"Black Tuesday" - stack prices collapsed
16,410.030 traded shares
- Billions of dollars were lost - wiped out thousands of investors
- Stock tickers fell behind
Effects-
- Suicide rates went up
- Prices dropped (1932 stockes only worth 20% of their value)
- Was not a couse of the Great Depression - it was a "Sympton" lead to it
Tuesday- Bruns went over I Can and Key Questions for the test
Wednesday- NO SCHOOL
Thursday- Took the first part of our 1920's test
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