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Roaring Twenties 2

Date Submitted: 11/13/2004 22:24:10
Category: / History
Length: 2 pages (481 words)
Views: 83109

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…s was 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.

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