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Stock Market Crash of 2008: A Historic Decline

Learn about the devastating stock market crash in 2008, the largest drop in history that resulted in significant losses, affecting the global economy. Explore its impact on Wall Street and the aviation industry.

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Stock Market Crash of 2008: A Historic Decline

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  1. JUST DO IT: • When the stock markets reopened the Dow Jones Industrial Average (“DJIA”) stock market index fell 684 points, or 7.1%, its biggest-ever one-day point decline. By the end of the week, the DJIA had fallen 1369.7 points (14.3%), its largest one-week point drop in history. U.S. stocks lost $1.2 trillion in value for the week. • Name the time and date you think this occurred.

  2. ? • As of 2005 the streets surrounding the Stock Exchange on Wall Street are still barricaded to prevent a physical attack upon the building. • North American air space was closed for several days after the attacks and air travel decreased significantly upon its reopening. As of 2005, the U.S. airline industry has not fully recovered.

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