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Title: Stock Market crash of 1929 (present form)

Essay Details

Subject: History
Author:
Date: March 29, 2015
Level:
Grade: A
Length: 2 / 462
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Essay text:

Many lost fears of investing due to many were previously buyers of Liberty Bonds. Many Americans assumed they knew the advantages of investing and knowledgeable about stock splits, margin accounts, dividends, etc. New financial methods, the investment trust offered new approaches to investing in the market and many major corporations such as General Motors, General Electric and AT&T offered common stock and bonds were starting to boom and attracted many new money-seeking investors...

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But brokers loans reached $137 million, and New York's banks were in debt to the Federal Reserve by $64million. Warning signs began to appear in the market, and many market analysts began predicting the crash. Throughout the nation, thousands of investors were margin trading, buying stock on credit...

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