The Stock Market Crash of 1929
Anthony Pacione, Adonay Fidaku, Delvin Davies,
Gabriel Silva, Julian Cappabianca
What is a Stock Market?
● The shares of public listed corporations are issued and
traded
● People get the chance to buy or invest in companies
● People Will profit when the company sell in high demand,
and flops if they aren’t.
Causes of the Stock Market Crash
● Overvalued stocks
● Investors paying only 10% of
the stocks and would pay the
rest in instalments
● Many banks were being mad
with bad structure and many
also failed
● Foreign investors started
leaving
Stock Market Crash: The Historic Significance
● The official aftermath of the Roaring Twenties
● A reckless, party-first, and carefree lifestyle
has its consequence
● Inflation rates in 1920s America became too
high for the country’s economic strength and
everything came crashing down
● The worst economic tragedy of its era
Stock Market Crash: General Information
● A four-day collapse of the New York stock
exchange on Wall Street, beginning on
October 24, 1929 (Black Friday-Black
Tuesday)
● It lost more money than the total
reprimandation payments of World War I
● Total amount of money lost in the New
York stock exchange rallied to $14 billion
● A projected estimation of $396 billion in
2019
Stock Market Crash: Dust Bowl
● A drought that followed the Stock Market Crash of
1929
● Farmers were told to mass produce wheat for
soldiers during WWI and after the Stock Market
Crash
● Farmers created piles of topsoil that were picked up
by high winds and brought around america
● Where the Great Depression hit the hardest
● The dust storms relate to the smokey air of Valley
of Ashes
● Dust storm created a divide in America
The Stock Market Crash: 1929
Iconic Photo #1: Al Capone Feeds the Less Fortunate
Iconic Photo #2: Desperate Times Call For Desperate Measures
Iconic Photo #3: Sacrifices of Good and Bad
Others Iconic of the Event
Stock Market Crash: The Aftermath
● This crash destroyed people both
physically and mentally
● By July 1932, a 90 percent loss was
recorded
● This was the worst bear market crash
in modern U.S. history
● Most had to sell their businesses in
order to spend their life savings just to
get by
A New Deal
● There were two key programs that made the “New
Deal” possible
● The two programs produced a permanent jobs
program that employed 8.5 million people from
1935 to 1943
● In 1935, Congress passed the Social Security Act
● The first signs of recovery were shown in spring
1933
● Despite the glimpse of recovery, this did not put the
depression to an end
Great Gatsby: Owl-Eyes, Nick Carraway Foreshadowing
● Nick notices a crowd of people on the road surrounding a car inside
a ditch after walking home from Gatsby’s party.
● Owl-Eyes is trying to push his car out of a hole after a drunk driving
situation
● Gatsby’s extravagant party references the Roaring Twenties’ culture
● Owl Eyes’ crash indicates the party will not end pleasantly
● Owl-Eyes, as described by Nick Carraway, is shocked by the “realism” of Jay
Gatsby’s books
● These books are really just for show and have no room in the culture of the Roaring
Twenties.
● Audience are intrigued to question when “realism” will eventually become relevant
● Nick refers to a car ride driving towards death with Tom
● Foreshadows the death of an individual in the novel, the crash of the Roaring Twenties
Great Gatsby: Collapse of the American Dream
Myrtle:
Tom:
● Can no longer be with Tom
● Discovers the
● George holds her captive in the
Gatsby-Daisy affair
garage until move to West Egg
● Loses Myrtle after George
● Faces death, cannot obtain a
plans moving to West Egg
desired wealthy life
Gatsby:
● Corruption and organized crime
responsible for his success Daisy:
● Gatsby’s desire to win Daisy’s ● Cannot be with Gatsby after
heart with money is halted by his fearing his corrupted life
path to success ● Cannot be with Tom after
● Symbolize of the corrupted confessing love for Gatsby
American Dream of obtaining
extreme quantities of wealth
Works Cited: APA
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https://www.bartleby.com/essay/The-Great-Gatsby-the-Stock-Market-Crash-P33LXLZTC
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Trueman. (2015, May 22). Wall Street Crash of 1929 and its aftermath. Retrieved from https://www.historylearningsite.co.uk/modern-world-history-1918-to-1980/america-1918-1
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