Stock Market Crash of 1929

The 1920s were an exciting time. They were known to many as the Roaring Twenties. Social conventions faded away.

  • Women went out with out chaperones, smoking and drinking in public.
  • Public drinking took place during Prohibition in private "speakeasies."
  • Liquor trade, much of it coming from Canada and going to the U.S. drove the crime rate up.

  • What is money?
  • What is stock?
  • What is "trading on margin?"

How does this compare to today?

  1. Asset Backed Commercial Paper
  2. Sub Prime Mortgages

Additional Sources

  1. October 1929 – Stock Market Crash: Markets Suffer the Worst Losses in Canadian History
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