Wednesday 12, 2011

First we got a new seating chart. Then we went through blog discussion.

 

Stocks

-Stocks-Investers putting money in a company to expand and grow

-in the 20's the stock market went up

-Stock market- where people would buy stocks

-Margin buying- buying stocks on credit (borrowing money then buying stocks)

-Stock Speculator- playing the stock market to make money

-By the 1920 the middle class was not making a lot of money and were in debt

 

How the Stock Market went down

-People were buying lost of stocks on margin

-Then people would sell the stocks

-September 1929 the stock was at its peak then droped

-October Black tuesday lots of stocks were sold to avoid debt

-Banks would close because stock brokers had no money, becuase the people that bought stocks didnt have the money to give to the stock brokers

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