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In early September 1929, the stock price peaked then fell. Some investors pulled their money and got out. Others didn't and payed the price. It crashed, Black Tuesday, Oct. 29, the confidence fell out of the nation'sconfidence as well the stocks. 16.4 million sharesdumped or could not find buyers. Lots of people fell into debt and prices fell/ lost savings.

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How did severe economic problems impact the nation as the 1920's ended?

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The rich got richer, poor got poorer in the 1920's. More than 70% of the nations families were below the minimum of standard living. This unequal distribution of income meant that most Americans could not participate in economic advances that occurred during this time period.

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The period from 1929-1940 in which the economy plummeted and unemployment skyrocketed. The economic crash made the depression more severe. The whole world was affected by the great depression in economic ways. Causes- tariff and war debt policies/ crisis in farm sector/ easy credit / income desirable.

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Playing the Stock Market, in short, is what is sounds like - Playing the Stock Market. It's when people are buying stocks to try and achieve profit. This affected the 1920's and led to the Great Depression because so many people went to go play it, the stocks couldn't hold value and continually decreased until the Stock Market completely crashed.

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People bought stocks and bonds on the chance of a quick profit, while ignoring the risk it came with it. People began buying on the Margin or paying a small percentage of a stock's price as a down payment and borrowing the rest. Since money was easily available to investors, the uncontrolled buying and selling spiraled the market upward.

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The Dow Jones Industrial Average is basically the top 30 stocks prices added together. This impacted the 1920's because it influenced people to buy stocks, even though they have no knowledge about them.

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Americans were buying less mainly because of rising prices, stagnant wages, unbalanced distribution of income, and over buying on credit in the preceding years.

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The use of credit had an impact as the 1920's ended by helping people to easily buy stuff that they wanted and pay it later but, by making credit easily available, businesses encouraged Americans to pile up a large consumer debt. Any people then had trouble paying off their growing debts.

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The McNary bill was intended to help farmers sell their crops. This included price supports. Price supports is when the Federal Government buys a farmers crops and sell them on the world market. This bill was vetoed twice by President Coolidge.

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The Great depression hit the industries violently. New technologies such as trucks and buses began to make the railroad obsolete. During World War I, the industry expanded and after the war, the industry was cut off with no more demand for product. There was also new energy sources that were begining to replace coal.

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The agricultural industry suffered the most. During the war, farmers expanded their land to meet the demands of the army, and therefor fell into debt. After the war, the large demand for food was no longer needed so the farmers fell further into debt. No one would buy their crops. The farms began to foreclose to the banks and many banks began to fail because they had no money.