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stock market

Date Submitted: 10/21/2003 12:08:55
Category: / Literature / English
Length: 2 pages (483 words)
Views: 3111

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…a decade of high spirited good-will, it carried an undercurrent of economic instability which became evident on October 29th, 1929, when the stock market crashed. This was mainly because of a sudden flux of selling stocks, and the fact that buying on margin had created a system where the money to pay out was not actually there. This created havoc among those heavily invested, and lead to an economic depression for years to follow. ------------------------------------------------------------------------ **Bibliography**

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