The+Stock+Market+Crash+-+Roaring+20's

 =The Stock Market Crash of 1929 = ~The 1920's was a great time to by alive! Having new inventions and technolgies to enjoy, like the automobile. ~During the war, America's economy expanded rapidly letting the economy benefit as well as the people. ~During that time the Stock exchange, usually had about 4 millions shares were traded each day. On Black Thrusday 12.9 million shares were exchanged. ~The economy was doing great from the change in the Americans lives. ~In October 1929, only 8 months after Herbert Hoover became president, the country's economy crashed. ~One explaination for the cause of this was over production by both farm and factories ~Also too much money was going to tthe wealthly people who turned to invest in more factories though not enough was going into salaries and wages. ~The overexpanison of credit!!! Was a major cause of the crash ***By the end of 1930, only one year after the crash, more than 4 million workers were job less, and over 5 thousand Banks collapsed in the first three years of the depression***  **The Milwaukee Leader was the leading paper that keep people up to date on the Stock Market Crash.** **This graph shows how the stock market was still in good standings, but at the end in the whole.** **Men and women losing jobs and money, they had to sell everything, cars were selling as cheap as 100 dollars.** The new way to get money during the stock market crash was to loan and charge interest. Restorer and trader Florian Leonhard can up with the idea of violin lending and restoring.

Video Clip on the Stock MArket Crash of 1929 (You Tube)
http://www.youtube.com/watch?v=UYrv8Q5Ji0Y&feature=related

Katie Mulloy Kayle Searle