ISBN 10: 150895870X / ISBN 13: 9781508958703
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Riassunto: The 1920’s was a time of prosperity for the nation. Businesses were doing well and people decided they wanted in on the action. Soon people from all walks of life were buying stocks. Profits could so easily be made this way that some people began borrowing from banks and plowing the money back into the stock market. Shareholders called it the “Big Bull Market,” with the price of stock rising and everyone seemingly getting rich, at least on paper. Unfortunately, in some instances, stock shares rose to a price that was much greater than companies were worth. On October 24, 1929, the stock market plummeted. Five days later, on Tuesday, October 29, the stock market crashed, as prices again fell. Known as “Black Tuesday”, billions of dollars worth of stock were wiped out as investors panicked and began selling their shares at lower and lower prices, hoping to get back at least part of their money before prices dropped even further. But there was little buying that day. Some stocks ended up being worth 2 cents on the dollar before the nightmarish day ended. Confidence in the U.S. economy crashed along with the stock market. Investors no longer wanted to risk their money. People stopped buying anything that wasn’t really needed. This led to factories shutting down, as many already had merchandise they couldn’t sell. This, in turn, caused businesses to fail. By the end of 1930 it was estimated that 7 million people had lost their jobs. It was just the beginning of a depressed economy that would last over a decade. This is the story of how Daytonians endured this period of hardship, battling to find jobs and feed their families, working together to survive, and how they dealt with trying to escape, if even for a little while, the grinding world-weariness of harsh conditions that seemed to have no ending in sight.

About the Author: Curt Dalton has written over 20 books on the history of Dayton. As the Visual Resources Manager for Dayton History he takes care of the organization’s 1.5 million photographs, negatives and motion picture films.

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Dalton, Curt
ISBN 10: 150895870X ISBN 13: 9781508958703
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Descrizione libro 2015. PAP. Condizione libro: New. New Book. Delivered from our US warehouse in 10 to 14 business days. THIS BOOK IS PRINTED ON DEMAND.Established seller since 2000. Codice libro della libreria IP-9781508958703

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Descrizione libro Createspace, United States, 2015. Paperback. Condizione libro: New. Language: English . Brand New Book ***** Print on Demand *****.The 1920 s was a time of prosperity for the nation. Businesses were doing well and people decided they wanted in on the action. Soon people from all walks of life were buying stocks. Profits could so easily be made this way that some people began borrowing from banks and plowing the money back into the stock market. Shareholders called it the Big Bull Market, with the price of stock rising and everyone seemingly getting rich, at least on paper. Unfortunately, in some instances, stock shares rose to a price that was much greater than companies were worth. On October 24, 1929, the stock market plummeted. Five days later, on Tuesday, October 29, the stock market crashed, as prices again fell. Known as Black Tuesday, billions of dollars worth of stock were wiped out as investors panicked and began selling their shares at lower and lower prices, hoping to get back at least part of their money before prices dropped even further. But there was little buying that day. Some stocks ended up being worth 2 cents on the dollar before the nightmarish day ended. Confidence in the U.S. economy crashed along with the stock market. Investors no longer wanted to risk their money. People stopped buying anything that wasn t really needed. This led to factories shutting down, as many already had merchandise they couldn t sell. This, in turn, caused businesses to fail. By the end of 1930 it was estimated that 7 million people had lost their jobs. It was just the beginning of a depressed economy that would last over a decade. This is the story of how Daytonians endured this period of hardship, battling to find jobs and feed their families, working together to survive, and how they dealt with trying to escape, if even for a little while, the grinding world-weariness of harsh conditions that seemed to have no ending in sight. Codice libro della libreria APC9781508958703

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Descrizione libro 2015. PAP. Condizione libro: New. New Book.Shipped from US within 10 to 14 business days.THIS BOOK IS PRINTED ON DEMAND. Established seller since 2000. Codice libro della libreria IP-9781508958703

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Descrizione libro Createspace, United States, 2015. Paperback. Condizione libro: New. Language: English . Brand New Book ***** Print on Demand *****. The 1920 s was a time of prosperity for the nation. Businesses were doing well and people decided they wanted in on the action. Soon people from all walks of life were buying stocks. Profits could so easily be made this way that some people began borrowing from banks and plowing the money back into the stock market. Shareholders called it the Big Bull Market, with the price of stock rising and everyone seemingly getting rich, at least on paper. Unfortunately, in some instances, stock shares rose to a price that was much greater than companies were worth. On October 24, 1929, the stock market plummeted. Five days later, on Tuesday, October 29, the stock market crashed, as prices again fell. Known as Black Tuesday, billions of dollars worth of stock were wiped out as investors panicked and began selling their shares at lower and lower prices, hoping to get back at least part of their money before prices dropped even further. But there was little buying that day. Some stocks ended up being worth 2 cents on the dollar before the nightmarish day ended. Confidence in the U.S. economy crashed along with the stock market. Investors no longer wanted to risk their money. People stopped buying anything that wasn t really needed. This led to factories shutting down, as many already had merchandise they couldn t sell. This, in turn, caused businesses to fail. By the end of 1930 it was estimated that 7 million people had lost their jobs. It was just the beginning of a depressed economy that would last over a decade. This is the story of how Daytonians endured this period of hardship, battling to find jobs and feed their families, working together to survive, and how they dealt with trying to escape, if even for a little while, the grinding world-weariness of harsh conditions that seemed to have no ending in sight. Codice libro della libreria APC9781508958703

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Descrizione libro Condizione libro: New. This item is Print on Demand - Depending on your location, this item may ship from the US or UK. Codice libro della libreria POD_9781508958703

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Descrizione libro CreateSpace Independent Publishing Platform. Paperback. Condizione libro: New. This item is printed on demand. Paperback. 114 pages. Dimensions: 10.0in. x 8.0in. x 0.3in.The 1920s was a time of prosperity for the nation. Businesses were doing well and people decided they wanted in on the action. Soon people from all walks of life were buying stocks. Profits could so easily be made this way that some people began borrowing from banks and plowing the money back into the stock market. Shareholders called it the Big Bull Market, with the price of stock rising and everyone seemingly getting rich, at least on paper. Unfortunately, in some instances, stock shares rose to a price that was much greater than companies were worth. On October 24, 1929, the stock market plummeted. Five days later, on Tuesday, October 29, the stock market crashed, as prices again fell. Known as Black Tuesday, billions of dollars worth of stock were wiped out as investors panicked and began selling their shares at lower and lower prices, hoping to get back at least part of their money before prices dropped even further. But there was little buying that day. Some stocks ended up being worth 2 cents on the dollar before the nightmarish day ended. Confidence in the U. S. economy crashed along with the stock market. Investors no longer wanted to risk their money. People stopped buying anything that wasnt really needed. This led to factories shutting down, as many already had merchandise they couldnt sell. This, in turn, caused businesses to fail. By the end of 1930 it was estimated that 7 million people had lost their jobs. It was just the beginning of a depressed economy that would last over a decade. This is the story of how Daytonians endured this period of hardship, battling to find jobs and feed their families, working together to survive, and how they dealt with trying to escape, if even for a little while, the grinding world-weariness of harsh conditions that seemed to have no ending in sight. This item ships from La Vergne,TN. Paperback. Codice libro della libreria 9781508958703

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Descrizione libro CreateSpace Independent Publishing Platform. PAPERBACK. Condizione libro: New. 150895870X Special order direct from the distributor. Codice libro della libreria ING9781508958703

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