Stock Market Crash 1929

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    14-Jan-2015

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<ul><li> 1. Economic Depression a period during which business, employment, and stock-market values decline severely or remain at a very low level of activity.</li></ul> <p> 2. Election of 1928 Herbert Hoover 3. Rugged Individualism Economic problems could besolved through effort andcooperation with neighbors 4. New York City Electric Sign: 1920 YOU SHOULD HAVE: $10,000 AT THE AGE OF 30 $20,000 AT THE AGE OF 40 $30,000 AT THE AGE OF 50 5. New York City Electric Sign: 2001 (12.5 % inflation) YOU SHOULD HAVE: $125,000 AT THE AGE OF 30 $310,000 AT THE AGE OF 40 $625,000 AT THE AGE OF 50 6. New York City Electric Sign: 1920 YOU SHOULD HAVE: $10,000 AT THE AGE OF 30 $20,000 AT THE AGE OF 40 $30,000 AT THE AGE OF 50 7. STOCK: A piece of a company. The owners of a company sell shares of the company. 8. Dividend: An annual payment toa stockholder, like interest Bling-Bling Cha-Ching Cash Mo' Money 9. SPECULATE: To buy land/stock when the price is low and sell itwhen the price is high. 10. On Margin: Investors pay for onlypart of the purchase price in cash - the rest is owed toa broker. 11. Margin Call: When the brokerasks for repayment ofthe stock loan. 12. 13. 14. 15. 16. 17. 18. Tuesday October 29, 1929 BLACK TUESDAY 19. Unemployment Lines </p>