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Stock Market Crash 1929
1.
Economic Depression a
period during which business, employment, and stock-market values decline severely or remain at a very low level of activity.
2.
Election of 1928
Herbert Hoover
3.
Rugged Individualism Economic
problems could be solved through effort and cooperation with neighbors…
4.
New York City
Electric Sign: 1920 YOU SHOULD HAVE: $10,000 AT THE AGE OF 30 $20,000 AT THE AGE OF 40 $30,000 AT THE AGE OF 50
5.
New York City
Electric Sign: 2001 (12.5 % inflation) YOU SHOULD HAVE: $125,000 AT THE AGE OF 30 $310,000 AT THE AGE OF 40 $625,000 AT THE AGE OF 50
6.
New York City
Electric Sign: 1920 YOU SHOULD HAVE: $10,000 AT THE AGE OF 30 $20,000 AT THE AGE OF 40 $30,000 AT THE AGE OF 50
7.
STOCK: A piece
of a company. The owners of a company sell “shares” of the company.
8.
Dividend: An annual
payment to a stockholder, like interest Bling-Bling Cha-Ching Cash Mo' Money
9.
SPECULATE: To buy
land/stock when the price is low and sell it when the price is high.
10.
On Margin: Investors
pay for only part of the purchase price in cash - the rest is owed to a broker.
11.
Margin Call: When
the broker asks for repayment of the stock loan.
12.
13.
14.
15.
16.
17.
18.
Tuesday October 29,
1929 BLACK TUESDAY
19.
Unemployment Lines
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