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Black Tuesday

Black Tuesday. The Good Times had lasted a decade. Some People thought they would never end. But there had been signs. Many people didn’t have a job or sufficient income. Family Farms were failing. But on Wall Street... . Record profits followed record profits.

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Black Tuesday

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Presentation Transcript

  1. Black Tuesday

  2. The Good Times had lasted a decade Some People thought they would never end

  3. But there had been signs Many people didn’t have a job or sufficient income

  4. Family Farms were failing

  5. But on Wall Street... • Record profits followed record profits

  6. Prices had never been so high ...and brokers thought that it would continue

  7. But it couldn’t last Stocks had more than tripled since the war

  8. Efforts to stop the crash failed Thomas Lamont, Albert Wiggins, Robert Whitney

  9. Panic spread into the streets People lost their life savings, businesses failed, banks closed.

  10. The Looooong Fall Recovery didn’t begin until 1937

  11. This was the REAL Recovery

  12. Until then.... Bennett Buggies, Coming Soon...

  13. THE END

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