The stock market rise and crash in 1920

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Presentation transcript:

The stock market rise and crash in 1920 Cammy Carson P.r 2 This Photo by Unknown author is licensed under CC BY-SA. This Photo by Unknown author is licensed under CC BY-SA.

Many things took place in the 1920's Many things took place in the 1920's. It was called the "roaring 20s" because of the liveliness of the time and social and economic prosperity rose tremendously. For example, as seen in the picture, women took more of a step towards equality and freedom and started wearing flappers and people were very joyful and happy.

More examples of women taking a stand for equality.

Automobiles started to take place of roads for horse transportation Automobiles started to take place of roads for horse transportation. Many people invested in these cars and soon, majority of the economy had them.

Air planes also became a huge impact on society, making it easier for heavier loads to be carried and passenger service was also available.

Radios were a huge thing for the people to hear public broadcastings Radios were a huge thing for the people to hear public broadcastings. Most popular were ones with President Kennedy.

Rise of the Stock market: With all of the new inventions and consumer's investments and more jobs opening up due to the need of factory workers in order to make these products, the economy flourished, and stock markets hit their highest peak. People began to move from rural areas into the city because of the bustling economy, job opportunities and, stores that now offered more to the people because of imports from other countries that brought in new products.

The crash of the stock market

The crash The stock market crash left many people jobless and the value for products that were once sold in markets dropped. Banks lost many people's money leaving them scared and angry. America was no longer receiving an abundance in money flow and trade among other countries. This was one of the hardest times In history.

Because of Margin selling, short selling and the exit of foreign investors, businesses started to decline slowly. This didn’t help because the Dow was already down by 20 percent.

The stock market crash did in fact accelerate a global economic collapse. Unemployme nt reached about 15 million, which is 30 percent of the work force. while many of America's banks began to fail.