Tuesday, March 12, 2019
Reasons Why the Stock Market Crashed
Dear Corrupt Government, It has come to your attention of the three factors that brought on the shopworn foodstuff crash of 1929. This is a very important secrete to me and i believe the three main flat coats as to what cause the express securities industry to crash. One solid ground is acquire on margin. The second reason is the govt creating easy bullion. The last reason the stock market crashed was stocks being priced hire than actual value. I hope you depart consider my position on the issue and as well as the rest of my essay. The first reason I believe the stock market crashed was buying on margin.This permit a hardening of people essentially borrow currency from stock brokers. In the article What caused the wall street crash of 1929 they said buying on margin lead people to owe a lot of money from losing money in stocks. The article also mentions that this resulted in banks finis and going away of business. These argon all very important facts to be considered when answering the question of what caused the stock market to crash. The second reason I believe the stock market crashed was the govt faking an economic rise.In the article The Great economic crisis it said that the govt created a fake boom through easy money and credit which was followed by a huge bust. This is then how the stock market crashed from all the fake economic rise. In addition, the low interest pass judgment and low rates to buy on margin both make share holders want more stocks because they were so cheap. I believe these facts to be considered when choosing the three reasons of wherefore the stock market crashed. The third reason why i feel the stock market crashed was the stocks being sold for oft higher than they are worth.This meant a lot of people bemused money and a few gained a lot of money. In addition, this meant that people who bought on margin where owing stock brokers a lot of money they didnt level off fetch to start off with. In the article Black Tuesday it says stocks lost more than $26 billion in value and over 30 million shares and later $30 billion being lost from interchange worthless stocks at a high price. This is why the stock market crashed. I also consider these facts to be important to making the determination of the three reasons why the stock market crashed.Surprisingly, a lot of the reasons are tied together in some way as I had mentions before. So, Corrupt Government, I wish for you to consider my argument i have shown you today in this letter i am writing to you. I hope my arguments are important to you in your decision of figuring out what the three reasons are for the stock market crashing in 1929. Let me reprize that my three reasons for the stock market crashing are buying on margin, creating a fake boom, and stocks being sold at higher prices than valued. I trsut you will see these this way as well. Thank you for your time.
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