Topic > Stock Market Crash - 870

Dating back to the initial creation of the stock market, trading has always been a popular form of business in economic society. Stock trading is something that is practiced by people all over the world. Surprisingly, although it has always been one of the most popular ways to invest money, many people still don't understand how it works. Some compare investing in the stock market almost to gambling. A stock, depending on the quantity of shares, is a part of a public company. By owning that small percentage of the company, success in the market depends solely on the success of the company. The stock market is a financial market where brokers meet to buy and sell shares. As a result of the popularity of stock market investing for many people, the country's economy has lived and died on the output of the markets. Therefore, when the stock market has collapsed in the past, the country as a whole takes a big hit. While there have been numerous stock market crashes over the years, none of them come close to the crash of 1929. The stock market crash of 1929 was one of the worst economic catastrophes this country has ever experienced, and hopefully will not experience never. of 1929 was very sudden and extremely unexpected. Before the crash, America and its people were doing as well as they had in years. The country had just successfully finished World War I and positivity and optimism throughout the country was strong. Along with this came a strong confidence that seemed to be shared by the majority of Americans. With this, many people have decided to try their luck and invest money in the stock market. “With the exuberant mood of the country, the stock market seemed like a… paper medium… positives came out of it. After the horrible accident, nothing equally serious happened. It's safe to assume that the country has learned from its mistake and that Zitman 5 has now taken the necessary precautionary measures to prevent something like this from happening again. If this never happened, the United States, along with the rest of the country, would not be as educated on the topic. Without proper precautionary measures and warnings, this could easily happen again. Furthermore, the incident helped unite the country. It also made the nation much stronger in terms of education and unity. A few months after the crash, Secretary of Labor James J. Davis said, “We've hit rock bottom and we're on the rebound.” The stock market crash of 1929 was one of the worst economic catastrophes this country has ever experienced and hopefully will ever experience..