https://padlet.com/mhou7644/56pqf5wwkbyg 1929 vs 1987 Crashes en-us 2018-04-23 17:15:35 UTC 2025-04-03 16:09:47 UTC hello@padlet.com https://padlet-assets.s3.amazonaws.com/icons/Balance.png wsan5406 https://padlet.com/mhou7644/56pqf5wwkbyg/wish/254516502 the Crash of '87 was a generally well handled crash that did not cause a massive economic downturn thanks to the assistance of the federal govt. it was caused by several factors but it was disputed what the major cause was. i n the following time soe were negetively affected but thanks to the assistance of the federal government the impact was not long lasting. ]]> 2018-04-23 17:22:07 UTC https://padlet.com/mhou7644/56pqf5wwkbyg/wish/254516502 mhou7644 https://padlet.com/mhou7644/56pqf5wwkbyg/wish/254516707 The stock market crashes of 1929 and 1987 were both either at the end of or during a period of prosperity. The stock prices in both of these situations however rose, creating a “calm before the storm” situation right before decreasing dramatically, 10% for 1929 and 22% for 1987, causing a panic among the people, and in turn they immediately sold their stocks. In both situations, the mass selling caused telephones and computers to be jammed, resulting in people either not being able to trade their stocks or causing them not to be able to trade their stocks at all.]]> 2018-04-23 17:22:32 UTC https://padlet.com/mhou7644/56pqf5wwkbyg/wish/254516707 mhou7644 https://padlet.com/mhou7644/56pqf5wwkbyg/wish/254516782 The effects of the two crashes were majorly different however. The market crash of 1929 made the effects of the Great Depression a whole lot worse than it would have been, and stock prices did not recover until 25 years later. On the other hand, in 1987 when the crash happened, the economy remained pretty stable, and prices were back up again, and despite a brief recession in 1990-1991, the market actually increased rapidly after those years. Both events resulted in legislation being passed, but the 1987 crash had better legislation with improving computers and increasing telephone lines and market crash security, whereas the legislation in 1929 only really made fraud within the markets illegal and put more regulations on the market.]]> 2018-04-23 17:22:43 UTC https://padlet.com/mhou7644/56pqf5wwkbyg/wish/254516782 mhou7644 https://padlet.com/mhou7644/56pqf5wwkbyg/wish/254517020 With both the market crash of 1929 and 1987 the dominant causes are disputed. They both shared overvalued stocks, federal reserve policies, economic reasons, and psychological reasons. They were different in some areas such as margin buying, specific tariffs, and new ways of trading. Stocks were overvalued in 1929 because of speculation and get rich quick schemes which is the same reason for the overpriced stocks in 1987. Federal reserve policies in both ‘29 and ‘87 changed enough that people started to sell their stocks which ended up hurting more in the crashes. In both crashes people started looking into the signs of the events and speculating beforehand which led to them selling stocks. In both cases as soon as the price of stocks began to drop, people panicked and sold all their stocks which assisted in the crashes.]]> 2018-04-23 17:23:03 UTC https://padlet.com/mhou7644/56pqf5wwkbyg/wish/254517020 mhou7644 https://padlet.com/mhou7644/56pqf5wwkbyg/wish/254517139 The federal government played two different roles in the separate crashes of ‘29 and ‘87, in 1929 they played a part in dooming the panic and increasing the damage of the upcoming depression by lowering the amount of  money supply to try to counteract speculation but actually worsening the depression further. In the crash of ‘87 the federal government stepped up and eased monetary policy and supported banks directly after the crash preventing it from getting worse and keeping us out of a recession following the crash, they provided key cuts in interest rates and kept people calm, and kept the economy going. ]]> 2018-04-23 17:23:12 UTC https://padlet.com/mhou7644/56pqf5wwkbyg/wish/254517139 mhou7644 https://padlet.com/mhou7644/56pqf5wwkbyg/wish/254519892 2018-04-23 17:28:05 UTC https://padlet.com/mhou7644/56pqf5wwkbyg/wish/254519892 mhou7644 https://padlet.com/mhou7644/56pqf5wwkbyg/wish/254520522 2018-04-23 17:29:08 UTC https://padlet.com/mhou7644/56pqf5wwkbyg/wish/254520522 wsan5406 https://padlet.com/mhou7644/56pqf5wwkbyg/wish/254520751 the two crashes have some similarities being the cause of the crash and what happened, but they also have several differences such as what followed the crashes and the role of the federal government. In both 1929 and 1987 the crashes happened after a period of economic stability and prosperity before drastically decreasing and starting the economic downturn. additionally in both 1929 and 1987 the crashes shared several key similarities such as overvalued stocks, federal reserve policies, economic factors, and psychological reasons. However the two crashes were differing in the role of the federal government, in 1929 the federal government in some ways helped to create a worse situation for the U.S., while in 1987 the federal government helped banks and essentially saved the economy from slipping into another depression. this leads me to the final difference, what followed the crashes. In 1929 the crash was followed by the great depresssion and te ]]> 2018-04-23 17:29:33 UTC https://padlet.com/mhou7644/56pqf5wwkbyg/wish/254520751 mhou7644 https://padlet.com/mhou7644/56pqf5wwkbyg/wish/254521467 The crash of 1929 was a poorly handled economic situation that resulted in many Americans, banks and businesses losing lots of money since stocks decreased dramatically and everyone started to sells stocks before the prices started ti go lower. This resulted in a panic and telephones were jammed so people wither couldn't sell at all or wouldn't know how much they got until days later. This situation made the depression a lot worse and the federal government did a bad job at trying to improve the economic situation.]]> 2018-04-23 17:30:56 UTC https://padlet.com/mhou7644/56pqf5wwkbyg/wish/254521467 mhou7644 https://padlet.com/mhou7644/56pqf5wwkbyg/wish/254526190 2018-04-23 17:39:07 UTC https://padlet.com/mhou7644/56pqf5wwkbyg/wish/254526190 mhou7644 https://padlet.com/mhou7644/56pqf5wwkbyg/wish/254526959 2018-04-23 17:40:14 UTC https://padlet.com/mhou7644/56pqf5wwkbyg/wish/254526959 mhou7644 https://padlet.com/mhou7644/56pqf5wwkbyg/wish/254527901 2018-04-23 17:41:42 UTC https://padlet.com/mhou7644/56pqf5wwkbyg/wish/254527901 mhou7644 https://padlet.com/mhou7644/56pqf5wwkbyg/wish/254528422 2018-04-23 17:42:32 UTC https://padlet.com/mhou7644/56pqf5wwkbyg/wish/254528422