Living in 1930s America

The stock commercialise waded in late October of 1929. spate who had owned stocks sat helplessly watching the news as the stocks dropped and investors killed themselves (Ganzel, Crash). Some investors who had realized the warning signs and had sold their stocks had survived while the new(prenominal)s were non so lucky; other investors had taken advantage of the frighten away at the time and had bought the stocks at their current prices (Gitlin). Over the undermenti adeptd two days the take account of companies that were being traded had dropped about 13 percent on Monday and some other 12 percent on Tuesday which is now known as Black Tuesday. The stock on the exchange was less than ace fifth of what it had been at its peak. On what is known as dusky Thursday October 24th about thirteen million shares were traded. On black Thursday a record was set for the number of trades in the US (welfare tarradiddle project).\nThe crash and Depression of the mid-thirties peachyly unnatural the mass. It affected their businesses, jobs, home life, and it allowed Roosevelt to become president. after the stock market crash happened and it sent our country into the great depression, it affected our businesses. Most of the people had addled their currency whether from spend into stocks or by holding their money into the banks. No one was buying from places that were actually escaped because nobody had the money to do so. This squeeze businesses to shut down. not only had the people forced the businesses to close but the banks had a part in it also. Businesses that take the credit from the banks to run had to shut down (Great Depression Video).People had lost money when the banks had invested it without the consent or even the simple companionship to them. Some banks had tried to restore out of the banking system by using their own money but failed. There was a slight increase in stocks at first, but when they had dropped once again that weekend every one had gave up (welfare report project). Between 1929 and 1933 the Unit... If you want to get hold of a full essay, run it on our website:

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