| Monday, December 1, 2008 |
| The Great Depression. |
1. Beginning on Monday, October 21st 1929, prices on the stock market exchange began to drop.
2. The next day, Black Tuesday, many investors and speculators began to panic.
3. People were hypnotized by panic, even the clocks seemed to be off.
4. October 24th about $34 billion in market value disappeared.
5. Wall street seemed to have lost all its wealth and power.
• Why was Tuesday, October 22nd 1929 called Black Tuesday?
• Why did J.P. Morgan's attempt to save Wall Street fail?
• Why were companies selling their shares so low?
• How did the falling of Wall Street effect Americans?
Euphoria - a feeling of well-being or elation (pg#31)
Inundated - to cover with a flood (pg#32)
Veritable - being in fact the thing named and not false, unreal, or imaginary (pg#33)
Wall Street was beginning to collapse. |
Slid down the rainbow at 8:44 PM  |
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| Where To? |
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| Posts of Note |
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| Books I Want to Read |
Get me one of these books and I'll be your loyal friend for life (see below for my email address if you're actually considering the idea - not that I'm expecting you to)...
- Dante's Inferno
- Mansfield Park
- Midnight Sun
- Macbeth
- Incarceron
- Northanger Abbey
- Flowers in the Attic
- The Age of Innocence
- Emma
- Cather in the Rye
- Bombs on Aunt Dainty
- The Silver Kiss
- Pride & Prejudice
- Midnight's Choice
- Tuck Everlasting
- 1984
- Wild Blood
- Persuasion
- The Notebook
- Stone from the River
- Light in August
- Sense & Sensibility
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