History of the Stock Market

By lucyrislov

  • The Great Depression

    The Great Depression
    The stock market crashes, all stocks down 80% from their highs.

  • Smoot- Hawley Tariff Act

    Smoot- Hawley Tariff Act
    The Smoot and Hawley act creates more than 900 international trade duties. This act was put in place to protect American farmers, businesses, which then caused strain on the international economic climate of the Great Depression.

  • NASDAQ is born

    NASDAQ is born
    NASDAQ a stock market, with U.S.A. based equities became public. Becoming the first all electronic stock trading market.

  • Black Monday

    Black Monday
    Second stock market crash in recorded history. This crash spread from Europe to Hong Kong all the way to the United States.

  • The Great Recession

    The Great Recession
    Declared the worst economic crisis since the Great Depression in 1929. This was caused by the near collapse of the U.S. banking system, and the aggressive efforts to prevent it, were ineffective. This was called the Great Recession since housing prices fell more than 31%, and the unemployment rates skyrocketed again.