https://padlet.com/cfor7137/a1r6wcgqxyij 1929 vs 1987 Crashes en-us 2018-04-22 15:57:51 UTC 2026-01-23 17:54:33 UTC hello@padlet.com https://padlet-assets.s3.amazonaws.com/icons/Growing.png cfor7137 https://padlet.com/cfor7137/a1r6wcgqxyij/wish/254167601 The crash of 1929, Stock prices increased substantially in 1928, with the Dow Jones industrial average reaching 381.2 on September 3 but then stock prices fell by roughly 10% after, then again rose 8%. Between Oct 23 & 24 13 million shares were traded instead of the normal 4 million  per day.  The tech of the time wasn't capable of keeping up with the trading, causing delays. Banks were alerted of this crisis and announced that they would buy stocks above going price. The bankers were trying to give the people confidence in the market and stop panic selling.Nearly 16.5 million shares were traded on October 29, and stock prices continued to fall.]]> 2018-04-22 18:34:30 UTC https://padlet.com/cfor7137/a1r6wcgqxyij/wish/254167601 cfor7137 https://padlet.com/cfor7137/a1r6wcgqxyij/wish/254167686 During the crash of 1987, the stock market crashed on Monday October 19, 1987, Black Monday. Stock prices rose 10 fold  in the first half of 87. The Dow Jones Industrial average at its highest 2,722.44 on august 25. As the next 5 weeks came by prices fell by 8% and then rose by 6%. October 19 stocks fell more than any other day in the 20th century. The Dow Jones Industrial average fell to a record low of 508.3 points, ending at 1,738, a 22.6% drop in stock values. Over 604 million stocks were traded on the New York Stock Exchange alone due to panic selling and investors had their computers programmed to sell their stocks if prices dropped to low. Phone networks and computers were clogged up for because of the amount of trade that took place. Investors lost roughly $500 billion in share values in one day.]]> 2018-04-22 18:35:30 UTC https://padlet.com/cfor7137/a1r6wcgqxyij/wish/254167686 cfor7137 https://padlet.com/cfor7137/a1r6wcgqxyij/wish/254168038  As shown before both crashes took place, stocks were both on the rise. Then after the rise there was a fall in prices, followed by slight increase. Then as stocks fell more it caused people to panic sell their stock holds before the prices dropped again, clogging up the technologies of both time periods causing delays and panic. Also in both cases investors lost hundreds of billions of dollars. ]]> 2018-04-22 18:38:34 UTC https://padlet.com/cfor7137/a1r6wcgqxyij/wish/254168038 cfor7137 https://padlet.com/cfor7137/a1r6wcgqxyij/wish/254168397 2018-04-22 18:42:09 UTC https://padlet.com/cfor7137/a1r6wcgqxyij/wish/254168397 cfor7137 https://padlet.com/cfor7137/a1r6wcgqxyij/wish/254168509 2018-04-22 18:43:28 UTC https://padlet.com/cfor7137/a1r6wcgqxyij/wish/254168509 cfor7137 https://padlet.com/cfor7137/a1r6wcgqxyij/wish/254488193 What followed the crash of 1929 only got worse. Even though the market recovered by the end of 1929, stock prices continued to go down. The average price of stock went down 75%, and estimated 45 billion dollars was lost. After the crash people weren’t as optimistic as they were in the beginning of the 20’s. Now the market crash of 1929 was declared by economists that it wasn’t a huge driving factor in the Great Depression. The crash of 1987 wasn’t as bad as the crash in 1929. The crash of 87 is said to not have caused serious damage to the market. The out come wasn’t as bad as everyone expected. After the crash the market was able to get back to the year prior to the crash. Most people sold their stock and they lost their money with it being so low. The crash wasn’t followed by a depression or a recession. Although after the gulf war we did go into a brief recession. The following of the crash of 1929 was worse than the crash of 1987. 

]]> 2018-04-23 16:30:45 UTC https://padlet.com/cfor7137/a1r6wcgqxyij/wish/254488193 sfun5194 https://padlet.com/cfor7137/a1r6wcgqxyij/wish/254489983 2018-04-23 16:34:16 UTC https://padlet.com/cfor7137/a1r6wcgqxyij/wish/254489983 sfun5194 https://padlet.com/cfor7137/a1r6wcgqxyij/wish/254492064 2018-04-23 16:37:42 UTC https://padlet.com/cfor7137/a1r6wcgqxyij/wish/254492064 sfun5194 https://padlet.com/cfor7137/a1r6wcgqxyij/wish/254493198 2018-04-23 16:39:42 UTC https://padlet.com/cfor7137/a1r6wcgqxyij/wish/254493198 sfun5194 https://padlet.com/cfor7137/a1r6wcgqxyij/wish/254496289 The Fed played many different roles within both Economic crashes. Both of these crashes were caused by panic within the U.S. of selling and buying stocks. But Federal policy negatively affected the crash of 1929 by lowering the money supply to help lower speculation. This just caused stocks to decrease in price, increasing the demand.Banks began to fail because of the inability to repay loans. The economy crash of 1987 was neutrally affected because of experience form the last clash, federal involvement was utilized to quickly fix and solve the problem.]]> 2018-04-23 16:45:06 UTC https://padlet.com/cfor7137/a1r6wcgqxyij/wish/254496289 sfun5194 https://padlet.com/cfor7137/a1r6wcgqxyij/wish/254496855 Both Economic crashes we're very similar but had many differences. The economic crash of 1929 was caused by a panic in stocks. Citizens began to see stocks decreasing so stocks were sold before they began to decrease more. Other citizens that owned stocks witnessed other people selling off their stocks prompting them to sell their stocks in panic. The economic crash of 1987 differed in how large investment companies controlled the selling of stocks. Computers were used in order to sell and regulate stocks but as demand became larger for stocks, the computer got backed up and could not process any of these orders, in turn, creating panic throughout the U.S.]]> 2018-04-23 16:46:10 UTC https://padlet.com/cfor7137/a1r6wcgqxyij/wish/254496855 sfun5194 https://padlet.com/cfor7137/a1r6wcgqxyij/wish/254497350 As shown before both crashes took place, stocks were both on the rise. Then after the rise there was a record breaking fall in prices, followed by slight increase. As stocks fell more it caused people to panic sell their stock holds before the prices dropped again, clogging up the technologies of both time periods causing delays and more panic. Also in both cases investors lost hundreds of billions of dollars and banks failed.What followed the crash of 1929 only got worse. Even though the market recovered by the end of 1929, stock prices continued to go down. The average price of stock went down 75%, and estimated 45 billion dollars was lost. After the crash people weren’t as optimistic as they were in the beginning of the 20’s. Now the market crash of 1929 was declared by economists that it wasn’t a huge driving factor in the Great Depression. The crash of 1987 wasn’t as bad as the crash in 1929. The crash of 87 is said to not have caused serious damage to the market. The out come wasn’t as bad as everyone expected. After the crash the market was able to get back to the year prior to the crash. Most people sold their stock and they lost their money with it being so low. The crash wasn’t followed by a depression or a recession. Although after the gulf war we did go into a brief recession. The following of the crash of 1929 was worse than the crash of 1987. Both Economic crashes we're very similar but had many differences. The economic crash of 1929 was caused by a panic in stocks. Citizens began to see stocks decreasing so stocks were sold before they began to decrease more. Other citizens that owned stocks witnessed other people selling off their stocks prompting them to sell their stocks in panic. The economic crash of 1987 differed in how large investment companies controlled the selling of stocks. Computers were used in order to sell and regulate stocks but as demand became larger for stocks, the computer got backed up and could not process any of these orders, in turn, creating panic throughout the U.S. The Fed played many different roles within both Economic crashes. Both of these crashes were caused by panic within the U.S. of selling and buying stocks. But Federal policy negatively affected the crash of 1929 by lowering the money supply to help lower speculation. This just caused stocks to decrease in price, increasing the demand.Banks began to fail because of the inability to repay loans. The economy crash of 1987 was neutrally affected because of experience form the last clash, federal involvement was utilized to quickly fix and solve the problem.]]> 2018-04-23 16:47:04 UTC https://padlet.com/cfor7137/a1r6wcgqxyij/wish/254497350