1924-1929 era of excellent economic prosperity?
into the twenties, the Dow in 1924 and 1929 created a log of growth as 6 successive annuals. From some point of view, tin be narrated for the 1920s bull mart of the most prosperous period.
thanks in chapter to be cried the His non-interference, all but-called lavish policies for the economy and stock market prosperity at that period to make a contribution. Speech, a prestigious of its popular, he Xuanmei Guo Hoover's presidential plebiscite in 1928, hammer New York Governor Smith too assisted the Dow climbing 300 points, President Hoover advocating
1928 年 3 month of the stock market began a lusty rally broke out. The stock market is not longer rising at a steady pace, but a meaningful jump begin. Just ahead the final day of 1928, the Dow broke through the 300 point brand. That year the Dow rose 48%, the extravaganza of the Dow in history 1 of the best years (after 1915 and 1933).
telephone industry and the aviation industry began to take off. Has written a writing aboard the Dow, a elderly professor Richard - Stearman said,
Supra Vaider Shoes, the radio mass production. New York Stock Exchange (NYSE) listed industrial stocks proceeds ratio of 13.9, compared with a cheap level of 1920,
Kids' Supra Skytop Shoes, a marked boost. However, economic conditions amended significantly from the point of outlook, this growth does not appear extravagant.
Black Friday tsunami coming
1929 年 10 28, The afterward daytime, the industrial shares fell beyond 30.57 points (two days of declines of 12.82%, 11.73%, within the Dow's record decline in the second and third location, later October 19, 1987 Black Monday The 22.61%). In six days, the Dow fell 96 points, or nearly 30%.
to 11 mid-January, the New York Stock Exchange, stock costs fell more than 40% holders of securities losses of $ 26,000,000,000.
stock market crash of 29 years, however, is only the beginning of a dream,
Women's Supra TK Society, the crisis severely weakened the fiscal system, quaked business confidence, hampering industrial and agricultural evolution and restricted the foreign buy and investment, thereby the economy stagnated, guiding to economic crisis.
1930-1933 economic emergency - the Great Depression
; 1931, U.S. industrial production concordance fell 53.8% over 1929. Reduction of heavy industry is particularly serious.
1932 年 9 months, the nation has 34 million men, women and babies,
Supra Bullet Shoes, or about 28% of the total population can not support themselves (not addition the 11 million rural population). 200 million people wandering.
1933 年 3 months up to 17 million workers are jobless, approximately 1,019,300 peasants into bankruptcy, numerous navel class also went bankrupt. Consumption of goods in 1933, down to the level of 67% in 1929.
1929 年 1932,
Supra Trinity NS Shoes, 101 bank failures, corporate bankruptcies l09371 family, always personal companies from 1929 web profit The 8.4 billion down apt 3.4 billion in 1932. During the Great Depression, industry, farming, honor crisis, synchronous, and scatter to the entire capitalist world, the world's industrial making output decreased at 36% rebate in globe commerce 2 / 3.
1932 年 7 months, that is, the Great Depression,
Women's Supra Skytop II, when the Dow fell 41.22 points quite erect, fallen from the 1929-year lofty of 89%.
But that is the maximum caustic synopsis in the real economy when the Dow hit a century at the end.
1933-1938 out of the quagmire
Roosevelt took dictate in 1933, he developed a variety of social procedures and let the people to build roads and public architectures and go.
the stock market seems to favor the measures taken by Roosevelt. The Dow rose 39 points in 1933, up 6 points in 1934, up 40 points in 1935, up 36 points in 1936.
1938 年 Dow plunged variant 100 points or fewer. Suo Boer reproached Roosevelt's impose increases. Stearman famous that since additional countries are undergoing in their Dunan Guan, abroad claim for U.S. goods remained languid.
two historians admit that the Great Depression, World War II led to the final end. Suo Boer pointed out that point is 25 years after the crisis thing 1954