The Stock Market Crash of 1929. Unknown. 1929. World War I and the Jazz Age
Critical Thinking Questions:
 
 
  1. A great number of people invested in the stock market before the Crash of 1929, and men and women made extraordinary amounts of money almost overnight. What are some of the reasons people invested so heavily in the stock market in those days, and how did they make such enormous gains?




  2. What do you think the U.S. government, and economists, learned from the Crash of 1929? Did this affect later regulation of the stock market?




  3. Most American economists and political leaders in 1929 still believed in laissez-faire and the self-regulating economy. What do these terms mean, and why was it detrimental to the stock market in particular, given the pre-1929 Crash conditions?




  4. Radio, considered a "new technology" in the early twenties, was expected to have an enormous effect on the stock market - why?




  5. Was the expected economic impact of the radio somewhat like the economic boom seen during the onset of the Internet in the late 1990s? Why or why not?

 
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