Stock Exchange!

1. Stock Exchange! • In the 1920’s, people began to have more and more access to credit. • Many people began investing their money in stocks- shares of publically traded companies.

2. The Stock Exchange! Today, we are willing to give you 2 hundred dollars to invest in one of these companies:

3. The Companies • Bienvenu Financial Services Company • Has grown by $29 a share each of the last 2 years. • Claremont INC. • Has recently bought a huge chain of grocery stores. • DGardner ltd. • Very aggressive concrete company.

4. Year One • BFSC- $100 share worth $111 • CLI- $100 share worth $121 • DGL- $100 share worth $116.50

5. Year Two • BFSC- $100 share worth $125 • CLI- $100 share worth $120 • DGL- $100 share worth $133.50

6. Buying on the margin • If you would like, you can pay only $10 a share to buy some more $100 shares. The Bank of Mr. G will pay the rest right now, and you can pay them back later!

7. Year Three • BFSC- $100 share worth $130.50 • CLI- $100 share worth $122.50 • DGL- $100 share worth $140.50

8. 1929 • BFSC- $100 share worth $0 BANKRUPT • CLI- $100 share worth $0.65 • DGL- $100 share worth $10.00

9. Stock Market Crash • Tuesday, October 29,1929 the New York Stock Exchange collapsed. • Everyone panicked as stock prices fell and tried to “sell, Sell, SELL!” driving prices lower. • The collapse of the stock exchange marked the end of the prosperity seen in the 1920’s and the start of the Depression of the 1930’s.

11. Helped kick off the “Dirty Thirties,” an era also known as “The Great Depression”