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Black Tuesday.
Date Submitted: 03/08/2001 01:15:17
Black Tuesday
Throughout history, The Stock Market Crash of 1929 was by far the largest slump of stocks. Before this there was prosperity. The stock market risen so high, people thought if they bought on margin they would gain millions of dollars. They were wrong, because of the people who bought on margin and other minor causes started the crash.
After World War I, there was a sharp recession. This happen because of soldiers coming back
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Roosevelt served four terms. He died at his fourth term. His plan, to help the jobless, economic recovery, and to prevent another depression worked well. He did not stop the depression though he helped many people and put the economy toward prosperity. What did stop the depression was World War 2 because building materials was needed for the war. Business started to hire more people. Bank started to regain. The stock market started to rise (Boardmen 142).
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