The stock market crash of 1929 during the terrible time when many people were left homeless because they had no jobs, without people who had jobs they didn't have enough people to pay for their housing or food for their children, this greatly upset mothers when they could not afford food for their children. According to the investopedia website, “the stock market crash was a severe decline in stock prices that occurred in October 1929 in the United States and marked the end of the Roaring Twenties” (“Stock Market Crash of 1929”#6) . The crash of 1929 did not happen in one day, but unfolded over a two-week period starting in mid-October. Say no to plagiarism. Get a tailor-made essay on "Why Violent Video Games Shouldn't Be Banned"? Get an original essay As reported in the history book, “the first part of the incident occurred on October 24, a day known as Black Thursday” (“Emma J. Lapsansky-Werner”#258). Pre-existing selling pressure and fear in the stock market were exacerbated by a wave of sell orders that shut down the ticker tape service that provided stock prices to traders. With the lack of key information in the markets, the selling intensified further in the Encyclopedia, “After some recovery attempts, the stock market crash continued to languish, eventually falling nearly 90 percent from its peak in 1929, after a period of widespread speculation” (“Stock Market Crash of 1929 ” no. 20). According to the history books, production had already declined and unemployment had risen, leaving stocks well above their true value (“Emma J. Lapsansky-Werner”#258). Other causes of the market collapse included low wages, the proliferation of debt, a struggling agricultural sector, and a glut of large bank loans that could not be liquidated. it had nowhere to go but up, so there was a noticeable recovery over the next few weeks” (“Emma J. Lapsansky-Werner”#258). Overall, however, prices continued to fall as the United States plunged into the Great Depression, and by 1932 stocks were worth only about 20% of their value. According to the Investopedia website, “the stock market crash was not the sole cause of the Great Depression, but it acted to accelerate the global economic collapse of which it was also a symptom” (“Stock Market Crash of 1929”#3 ). By 1993, nearly half of America's banks had failed and unemployment was approaching 15 million people, or 30 percent of the workforce. 18 the fall began” (“Stock Market Crash of 1929”#1). According to the Encyclopedia website, “panic ensued, and on October 24, Black Thursday, a record 12,894,650 shares were traded” (“Stock Market Crash of 1929” #6). Investment firms and bankers attempted to stabilize the market by buying large blocks of stocks, producing a moderate rally on Friday. On Monday, however, the storm erupted again and the market went into free fall. According to the Encyclopedia website, "Billions of dollars were lost, wiping out thousands of investors, and stocks lagged hours behind because machines couldn't handle the huge trading volume" ("Stock Market Crash of 1929" n. 20). the reform measures adopted by the administration of President Franklin D. Roosevelt helped alleviate the worst effects of the Great Depression; however, the American economy did not completely change until after 1933, when World War II revitalized American industry. The days following the stock market crash were particularly painful for investors who had borrowed money for..