Wall Street Crash of 1929 and its aftermath The strength of America’s economy in the 1920’s came to a sudden end in October 1929 – even if the signs of problems had existed before the Wall Street Crash. Suddenly the ‘glamour’ of the Jazz Age andgangsters disappeared and America was faced with a major crisis …
Traders work on the floor of the New York Stock Exchange August 24, 2015. Wall Street opened sharply lower on Monday with the Dow Jones industrial average losing more than a 1,000 points following a more-than 8 percent drop in Chinese shares and a selloff in oil and other commodities. REUTERS/Brendan McDermid
In 1929, the stock market crashed when investors traded about 16 million shares in one day which led to its crash. Today, the stock market is in a more stable condition but still sees its fair share of ups and downs.
Traders work on the floor of the New York Stock Exchange (NYSE) on August 24, 2015 in New York City. As the global economy continues to react from events in China, markets dropped significantly around the world on Monday. The Dow Jones industrial average briefly dropped over 1000 points in morning trading. (Photo by Spencer Platt/Getty Images)