The Stock Market In The 1920's

272 Words2 Pages
In the 1920’s millions of American had their money in the stock exchange; and to those who had money, this was a time to get rich fairly quickly. Everyone bought stocks with even caring how much they were paying. Then on the morning of October 24th 1929, the unthinkable happened. The stock market being to go down and large crowds being to form outside the stock exchange building. People really were going into a state of shock. Most of the telegrams said that more money was required or else the money one had invested would be gone. People were actually jumping out of windows trying to kill their selves after being told they had lost their monies they had invested. The crash affected not only the rich, but working America as well. Capitalism
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