1. 1929 Stock Market Crash
The 1929 Stock Market Crash In early 1928 the Dow Jones Average went from a low of 191 early in the year, to a high of 300 in December of 1928 and peaked at 381 in September of 1929. (1929 ) It was anticipated that the increases in earnings and dividends would continue. (1929 ) The price to earnings ratings rose from 10 to 12 to 20 and higher for the market's favorite stocks. (1929 ) Observers believed that stock market prices in the first 6 months of 1929 were high, while others saw them to be cheap. (1929 ) On October 3rd, the Dow Jones Average began to drop, declining through the week ...
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- Grade Level: High School