Significant Events And People In American History

The Great Crash also known as Stock market crash of 1929, happened in 1929 which was one of the biggest and important history of America. During this time in late October the stock market of the country crashed which lead to the beginning of great depression, and it has lasted for 10 years. Many countries got affected due to the great crash, especially all Western industrialized countries. “Black Tuesday (October 29), in which stock prices collapsed completely and 16,410,030 shares were traded on the New York Stock Exchange in a single day.” (“Stock”). After the crash, the country had tried to cope up from the loss, but it still continued to drop. “By 1932 stocks were worth only about 20 percent of their value in the summer of 1929. (“Stock”). Due to this depression, nearly half of the banks failed, businessman faced bankrupts and people have lost their

The majority of individuals trust that the stock exchange crash that happened on October 29, 1929 is the main source of the Great Depression. The stock market accident was not the sole reason for the Great Depression, but rather it acted to quicken the worldwide economic breakdown of which it was additionally a symptom. Numerous components prompted the Depression. One of which being bank failures, another the global downturn, and dry season conditions.

The Great Depression was a time of great economic tragedy during the 1930’s. October 24, 1929 was the day of the stock market crash, causing economical shortage everywhere, even globally, and this scared everyone, including the rich. This day was/ is known as “Black Thursday”, where over 2.9 million shares were traded. On “Black Tuesday”, five days later, more than 16 million more shares were traded in another wave of panic. Many investors then lost confidence in their banks and demanded deposits in cash which forced the banks to liquidate loans in order to supplement their on hand cash reserves. By 1933, around 15 million Americans were unemployed and nearly half of the country’s banks had failed. This stopped Americans from purchasing which then led to less production of goods and decreased the amount of needed human labor. In the end, millions of shares ended up worthless, and those investors who had bought stocks with borrowed money were wiped out completely.

Sixteen Most Significant Events in U.S. History between 1789 to 1975 After a review of United States' history from 1789 to 1975, I have identified what I believe are the sixteen most significant events of that time period. The attached sheet identifies the events and places them in brackets by time period. The following discussion provides my reasoning for selecting each of the events and my opinion as to their relative importance in contrast to each other. Finally, I have concluded that of the sixteen events, the Civil War had the most significant impact on the history of the time period in which it occurred and remains the most significant event in American history.

On October 29, 1929, the stock market crashed due to the overuse of credit that was available to the general public. This day is known as "Black Tuesday” since it was a dreadful day for all of the Americans. This was the start of the crisis even though it may seem like it isn't since only one event occurred. However, this event was a game changer in the 1920s and 1930s. The crisis caused the unemployment in the country to rise drastically.

The Great depression began in 1929 with a dramatic event called that Wall Street Crash. This led to the failure of banks and businesses all over the United States. Millions of people lost all their savings and their jobs, and thousands became homeless because they could not afford to pay their rent. Some homeless families lived in shacks made of cardboard. Others took the road to look for work. (Bingham J.) As it could be imagined it was very disheartening to many as losing everything that was worked hard for. Many events took place during this time, like the Stock Market Crash, The Dust Bowl, The New Deal and also Prohibition that changed the outcome of what people could and couldn’t do.

This source discusses the great crash of 1929. The year 1929 saw the peak of the roaring ‘20s which was known as the “Bull Market” and the stock market collapse that led to the Great Depression. This source also discusses how one third of the U.S. workforce was unemployed which is also a reason for

The Stock Market Crash occurred on October 29th, 1929. Wall Street got struck on Black Tuesday when, on the New York Stock Exchange, investors traded 16 million dollars worth of shares in one single day. Billions of dollars were cut, destroying the investments of thousands of investors. After the event of Black Tuesday, America’s industrial world spiraled downwards into the Great Depression. This was the most powerful and extended economic breakdown in the history of the Western Industrial world up till then.

Many forces shaped the America that we know today. Some events in our country’s history have had more impact than others. Some of the most significant events in shaping America from pre-history to the dawn of the American Revolution include the invention of the Clovis point, the Black Death, and the defeat of the Spanish Armada. In this paper I will analyze the effect of each of these events and the impact they made on the modern day.

On Black Tuesday, October 29, 1929, the stock market saw its greatest crash in history. The next 10 years brought an economic depression the world had never experienced. Unemployment would soar, a banking crisis would lead to a global phenomenon, and Americans would find themselves struggling to survive. In addition, the government would step up their involvement in American lives, as they felt a responsibility to the people. This would lead to mixed feelings from the American people. The Great Depression affected people in many different ways. For some it led to their demise, while it brought others closer together than ever before.

On Tuesday October 29th, 1929 the stock market crashed starting what is known as the Great Depression. This depression was the worst economic breakdown in history of the modern business world and spread throughout the entire United States, even effecting the world. By 1933 American factories, plants and many banks closed their doors leaving more than 15 million Americans in an economic, social and psychological destitutions placing the American Dream inaccessible.

I think the most important event in U.S. History is The Revolutionary War. The Revolutionary War began with the battles of Concord and Lexington, Massachusetts On April 19, 1775. On July 4, 1776 The Americans declared independence from Britain in the Declaration of Independence which fanned the flames for the war. A huge turning point for the Americans was The Battles of Saratoga Which got other countries involved in the war to help the Americans. The last major battle of the Revolutionary War was the Battle of Yorktown where the Americans ultimately ended the war except for small battles because of unheard word of the war being over. On September 3, 1983 The Treaty of Paris was signed discussing a few agreements between America and Britain. This event is so important because it pretty much started the American country. This gave people living there a sense of nationality or pride for their country. The Revolutionary is very important to U.S. history and is pretty much what started our country.

The Great Depression left the American banking system in shambles and left the American people broken and scared for their futures. There were several causes that led up to the enactment of the New Deal and the Social Security Act. A major cause was "Black Tuesday." This was the largest stock market crash in U.S. history that took place on October 29, 1929. The crash happened because wealthy Americans used their revenue to speculate in real estate and the stock market rather than invest in new businesses. Another cause was U.S. banks issuing loans and credits to foreign governments in the amount of billions of dollars. Prior to the Great Depression and the enactment of the FERA, relief was based on the poor laws.

There are many events that occurred that became the foundation of present day America. The five most important historical events that occurred during American History were: the Renaissance; the European Reformation; the life of George Washington; concept of Manifest Destiny; and racism. These events each had a significant impact that formed the concepts that are used throughout America today; and, if they never happened or happened differently society would have been greatly affected.

In the late October of 1929, the United States Stock Market took an immense plummet. This plummet acted as a catalyst to the beginning of the 10 year long Great Depression. It was known as Black Tuesday, aka the Wall Street Crash of 1929. (Harold)