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Before & After The Stock Market Crash of 1929
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The High Point
On this day the Dow Jones Industrial Average reached its high point at 381.17. Earlier that year there w as a tiny little crash but now the speculation was almost gone and there was talk of a permanent plateau. But two days later , prices fell again. -
Black Thursday
The stock lost 11% of it's value right when it opened. People rushed to sell their stocks but the problem was, no one wanted to buy. It made investors nervous and a group had gathered around the New York Stock Exchange. Finally, in the afternoon, the panic went away because of group of bankers got together some money and invested. This reassured everyone. -
Black Tuesday
After Black Thursday the week before, the stcok still dropped and it kept going down. People rushed to sell in the panic and this time they weren't being reassured by bankers. The next day they closed the market for a few days. -
An All-Time Low
On this day, the stock market reached an all-time low. Prices had been dropping since Black Tuesday and no one was buying. Since it's peak at 381.17 on Spetember 3,1929, the Dow Jones Industrial Average was at its lowest at 41.22. -
Relation to Of Mice and Men
Of Mice and Men relates to the Stock Market Crash of 1929 because thats what started the great depression and thats when Of Mice and Men takes place. people where losing their jobs and that is like George and Lennie and ho9w they are always leaving their jobs and tryiung to find new ones.
