Credit And Stock Market in the 1920s
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historical primary document 3

historical primary document 3 | Credit And Stock Market in the 1920s | Scoop.it
ChengMeng Yang's insight:

During the credit and stock market people all around went poor. Due to price increase many people at wall st. went poor. As you can see in this photo it is showing that other people even had to sell their own house. Many people had to evacuate because of the stock market boom. Bank chased them down and greed followed them everywhere. 

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Historical primary document 1

Historical primary document 1 | Credit And Stock Market in the 1920s | Scoop.it
ChengMeng Yang's insight:

I decided to pick this picture because it showed the demands and decrease. It even showed black tuesday which is the whole start of the stock market. In 1929 stock market reached to a Boom in which American spends money. Market Low showed when the prices went up to high and less and less people buy products from the market. The whole cause of stock market was because it relieved stress for american after ww1. This picture show the percentage of Black tuesday (the event). As you can see after prices rises more and more people dropped.

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History Issue today Website 1: The Biggest News from the Stock Market Today

History Issue today Website 1: The Biggest News from the Stock Market Today | Credit And Stock Market in the 1920s | Scoop.it
Money Morning – Only the News You Can Profit From - Global Investment News
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History Website 2: The 1929 Stock Market Crash | Economic History Services

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Vocabulary

Agent- A securities firm
Bid- The highest price a payer is willing to pay
Hedge- A simple strategy used to limit investment loss
IPO- A company's first issue of shares to the general public
Junior Corporation- A young company in the early stages of operations and growth
Long- A term that sorta refers to ownership of securities
Market- A place were buyer and exchanger meets to trade and deal
Market order- a order to buy or sell
Naked writer- a seller that isnt position on an underlying security
Par Value- Securities normal face value


How to use the word:
1) before i went to buy my car i needed a agent
2) Buying online things is easy but not when others bid higher than you
3) I simply hedge when im close to a negative on my bank account
4) When the news found out i can do magic trick, an IPO soon screen me
5) Alex created her own buisness but after 4 years it was soon known as junior corporation
6) Dan been office admin. for a LONG time.
7) my sis needed some snack so she went to the market
8) i needed some item that is foreign so i eventually market order
9) I workd under myself and began writing novel and news that sells, i am known as a naked writer
10) my store have pride in what we do, but other competition keep stepping on our Par value.
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Historical primary document 2

Historical primary document 2 | Credit And Stock Market in the 1920s | Scoop.it
ChengMeng Yang's insight:

This document or news paper here talks about the stock crash. As you can see it says Billions lost. Because of this event many other people lost thier jobs and lost to marketers. Taxes and tariff grew and so people at home with no money borrow money. As a result of borrowing money when they knew they couldnt pay back, they lost alot of money due to fail of paying back. Many people went homeless due to stock crash. I think that even stock market prices went up high they could still manage if they know how to save thier money.

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History Issue today Website 2: Here's The Real Problem For The Stock Market

History Issue today Website 2: Here's The Real Problem For The Stock Market | Credit And Stock Market in the 1920s | Scoop.it
Despite the recent pullback in the stock market, most people are still bullish. The economy's finally recovering, they note. Jobless claims are finally improving, corporate profits are at record...
ChengMeng Yang's insight:

IT shows the percentage of recent decreases. But even after 60 years ago the margins are still shrinking.

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History Website 1:The Stock Market Crash of 1929

History Website 1:The Stock Market Crash of 1929 | Credit And Stock Market in the 1920s | Scoop.it
After a boom on the stock market that enticed many everyday people to invest their entire savings, the stock market crashed on October 29, 1929.
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