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Black Tuesday. The Good Times had lasted a decade Some People thought they would never end

Dec 21, 2015

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  • Slide 1
  • Black Tuesday
  • Slide 2
  • The Good Times had lasted a decade Some People thought they would never end
  • Slide 3
  • But there had been signs Many people didnt have a job or sufficient income
  • Slide 4
  • Family Farms were failing
  • Slide 5
  • But on Wall Street... Record profits followed record profits
  • Slide 6
  • Prices had never been so high...and brokers thought that it would continue
  • Slide 7
  • But it couldnt last Stocks had more than tripled since the war
  • Slide 8
  • Efforts to stop the crash failed Thomas Lamont, Albert Wiggins, Robert Whitney
  • Slide 9
  • Panic spread into the streets People lost their life savings, businesses failed, banks closed.
  • Slide 10
  • The Looooong Fall Recovery didnt begin until 1937
  • Slide 11
  • This was the REAL Recovery
  • Slide 12
  • Until then.... Bennett Buggies, Coming Soon...
  • Slide 13
  • THE END
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