Mexican Elmo

Timeline created by Ryanthelion23
In History
  • Period: to

    Overproduction of durable goods

    These items were so durable & so valuable that they tanked demand, and caused manufacturers to dump their items, throwing away prodcut, and inversely, money, making stocks fall.
  • Period: to

    Great Depression Cause & Effects

  • Period: to

    Consolidating of Public Utilities.

    Thousands of Public Utility Companies were consolidated into holding companies, which were held by other holding companies, causing, essentially one massive pyramid scheme that was highly leveraged in favor of those holding companies at the top. They held 2/3rds of the electric industry.
  • September Peak of Dow Jones

    September Peak of Dow Jones
    This highest price of the Dow Jones of the 1920's-1930's era.
  • Federal Reserve increasing interest rates from 5% to 6% Nationally

    Federal Reserve increasing interest rates from 5% to 6% Nationally
    Economic growth stalled and caused made the markets much more at risk for price drops, adding lighter fluid to the cool coals.
  • Public Utility Holding Companies Become Regulated

    Public Utility Holding Companies Become Regulated
    More Stringent Rules on these companies, prompting investors in the system to sell off their stock as quickly as possible to get back their money as most bought stock on borrowed money.
  • Stock Market Crash

    Stock Market Crash
    YOU BETTER HAVE INSURANCE FOR CRASHING MY STOCK MARKET!!! THE LIGHT WAS ON RED!! WHAT THE FFRRIIICCCKKKK!!!!!!
    Also the Dow Jones dropped 11% through all the heavy trading.
    And had increased four-fold over the previous 5 years.
  • Period: to

    Major Regulations Being Passed

    Glass Steagall Act of 1933, Securities & Exchange Act of 1934, and the Public Utility Holding Companies Act of 1935 are all examples of regulations aimed to stabilize stock, labor, and bond markets.
  • Bottom Out of Dow Jones

    Bottom Out of Dow Jones
    At the lowest cost of stocks for Dow Jones, Investors bought as much stock as possible because of its low cost(roughly 89% less than its Sept. peak).
  • Highest peak of unemployment

    Highest peak of unemployment
    Peak unemployment reaching roughly 25% unemployment.
  • Dow Jones returns to 1929 Peak

    Dow Jones returns to 1929 Peak
    Finally, it has reached the same price as 25 years ago, signifying growth.