Wall Street in the 30's

in the 30’s

“The Great Depression”

Economic crash in the late 1920’s ~ 30’sOriginated from the Black ThursdayTriggered by stock market collapse

The Great Depression

“Black Thursday”

Also known as the Great Crash or Wall Street Crash of 1929

The worst stock market crash in the United State’s history

The start of the whole Great Depression

Black Thursday

“Wall Street Crash of 1929”

After the WWI companies bought stocksEconomic bubble was createdOn October 24th, 1929, the Bubble burst at

oncePrices of the stocks dropped suddenly and ex-

cessivelyDow dropped to 64

Stock Market Crash

“Aftermath”

Companies were brokeWorkers lost their jobSupply and Demand:

Workers lose their job → People spend less money → Economic depression → Decrease of investment → Increase of unemployment

After the Stock Crash

“Bank Run”

Within 2 years, wages were reduced by halfImport and export was reduced by 1/3Factories stopped operatingMany banks perished

Facts During the Great Depression

“Starving to Death”

Instead of playing stock, they saved money in banks

As the banks fall, all the savings were goneMany people committed suicide for multiple

reasons“Jumping out of windows”

Effect to the People of Wall Street

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Bibliography