black tuesday
DESCRIPTION
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. - PowerPoint PPT PresentationTRANSCRIPT
![Page 1: Black Tuesday](https://reader035.vdocuments.mx/reader035/viewer/2022070420/56815f63550346895dce52ed/html5/thumbnails/1.jpg)
Black Tuesday
![Page 2: Black Tuesday](https://reader035.vdocuments.mx/reader035/viewer/2022070420/56815f63550346895dce52ed/html5/thumbnails/2.jpg)
The Good Times had lasted a decade
Some People thought
they would never end
![Page 3: Black Tuesday](https://reader035.vdocuments.mx/reader035/viewer/2022070420/56815f63550346895dce52ed/html5/thumbnails/3.jpg)
But there had been signs
Many people didn’t have a job or sufficient income
![Page 4: Black Tuesday](https://reader035.vdocuments.mx/reader035/viewer/2022070420/56815f63550346895dce52ed/html5/thumbnails/4.jpg)
Family Farms were failing
![Page 5: Black Tuesday](https://reader035.vdocuments.mx/reader035/viewer/2022070420/56815f63550346895dce52ed/html5/thumbnails/5.jpg)
But on Wall Street...
Record profits followed record profits
![Page 6: Black Tuesday](https://reader035.vdocuments.mx/reader035/viewer/2022070420/56815f63550346895dce52ed/html5/thumbnails/6.jpg)
Prices had never been so high
...and brokers thought that it would continue
![Page 7: Black Tuesday](https://reader035.vdocuments.mx/reader035/viewer/2022070420/56815f63550346895dce52ed/html5/thumbnails/7.jpg)
But it couldn’t last
Stocks had more than tripled since the war
![Page 8: Black Tuesday](https://reader035.vdocuments.mx/reader035/viewer/2022070420/56815f63550346895dce52ed/html5/thumbnails/8.jpg)
Efforts to stop the crash failed
Thomas Lamont, Albert Wiggins, Robert Whitney
![Page 9: Black Tuesday](https://reader035.vdocuments.mx/reader035/viewer/2022070420/56815f63550346895dce52ed/html5/thumbnails/9.jpg)
Panic spread into the streets
People lost their life savings, businesses failed, banks closed.
![Page 10: Black Tuesday](https://reader035.vdocuments.mx/reader035/viewer/2022070420/56815f63550346895dce52ed/html5/thumbnails/10.jpg)
The Looooong Fall
Recovery didn’t begin until 1937
![Page 11: Black Tuesday](https://reader035.vdocuments.mx/reader035/viewer/2022070420/56815f63550346895dce52ed/html5/thumbnails/11.jpg)
This was the REAL Recovery
![Page 12: Black Tuesday](https://reader035.vdocuments.mx/reader035/viewer/2022070420/56815f63550346895dce52ed/html5/thumbnails/12.jpg)
Until then....
Bennett Buggies, Coming Soon...
![Page 13: Black Tuesday](https://reader035.vdocuments.mx/reader035/viewer/2022070420/56815f63550346895dce52ed/html5/thumbnails/13.jpg)
THE END