1. Market Crash Of 87
On October 19, 1987, the Dow Jones Industrial Average suffered its largest decline in its history. ... (Newsweek 1987) On October 19, 1987 the Dow Jones Industrial averaged experienced its largest single day drop in its history. ... Some steps were taken in this direction with the introduction of "Circuit Breakers", Uniform Margin Requirements, and Improved Computer Systems. Circuit Breakers were designed to halt computer trading if the Dow Jones Industrial Average falls more than a certain amount in a given time period. ... Improved computer systems include one such system that prevents ...
- Word Count: 1023
- Approx Pages: 4
- Grade Level: High School