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1929 Stock Market Crash & Gatsby

The document discusses the stock market crash of 1929 that led to the Great Depression. It first defines the stock market and its importance in the 1920s, when it was easy for individuals to invest using leverage. However, rampant speculation combined with overvaluation and lack of oversight led to an unsustainable bubble. On Black Tuesday in October 1929, panic selling ensued, sending stock prices plummeting and severely damaging the economy. The crash related to The Great Gatsby by representing the collapse of the American Dream during that era.

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73 views10 pages

1929 Stock Market Crash & Gatsby

The document discusses the stock market crash of 1929 that led to the Great Depression. It first defines the stock market and its importance in the 1920s, when it was easy for individuals to invest using leverage. However, rampant speculation combined with overvaluation and lack of oversight led to an unsustainable bubble. On Black Tuesday in October 1929, panic selling ensued, sending stock prices plummeting and severely damaging the economy. The crash related to The Great Gatsby by representing the collapse of the American Dream during that era.

Uploaded by

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Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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The Stock

Market Crash
By: Ayo Atanda, Anthony Samuel, Marcos
Fernandez, Roman Millan, Gabriel Gonzales,
Calogero Ortega
Discussed topics

1. What is the stock market


2. The significance of it in the 1920s
3. How did the stock market crash
4. How does it relate to Great Gatsby
What is the stock market?
The stock market is the process of
investors/companies buying and
selling stocks(investments)with one
another publicly.

The purpose of the stock market is for


companies to capitalize off the public
investors which they can then use
those funds and expand their business.

The investor who funded those stocks


of that company will get a share of the
profit the company makes.
Stock market
in the 1920s
During the 1920s was one of the best times
to invest into the stock trade. It was easy for
people to invest in since they only needed a
to put down a 10% down payment. The rest
was payed off from brokers. Most investors
bought stocks off margin.

Many stocks have raised in price and


quadrupled in value, having companies and
investors making large profits.

For reference The Dow Jones Industrial


Average went from 63% in in 1921, to a
massive increase to 381% in 1929.
What Caused the Stock Market
Crash?

The stock market crash of 1929, which


led to the Great Depression, was
primarily caused by a combination of
speculative excess, over-leverage, and a
lack of regulatory oversight. The use of
margin (borrowed money) for stock
purchases, along with the rampant
speculation in the stock market,
contributed to an unsustainable bubble
that eventually burst, leading to a severe
economic downturn.
The Great
Depression

On October 29, 1929, known as Black


Tuesday, the stock market experienced a
sudden and major fall. As investors
rushed to sell their equities, panic selling
began, sending values crashing. The
market experienced a sharp decline in
value in a little amount of time, resulting
in severe economic collapse.
Who Profited from
the Crash?
-Short Sellers

-Insiders and Informed Investors

-Gold Owners

-Real Estate Owners

AND MANY MORE!!!


How does this relate
to The Great Gatsby?

- Economic time period.

- The collapse of the American


Dream.

- The lavish lifestyle of the


wealthy class at the time.
+?
- Social commentary.

- The meaning of the green light.

- Curtains on the decade long


party of the Roaring 20s.
Brief Summary

https://youtu.be/62DxELjuRec?si=JU
19w1Zj9iM5cXqM
Work cited

- https://www.bartleby.com/essay/The-Great-Gatsby-the-Stock-Market-Crash-P33LXLZTC
- https://www.123helpme.com/essay/The-Great-Gatsby-Stock-Market-Crash-Essay-PCNLA
RC33V
- https://hoover.blogs.archives.gov/2022/06/15/the-great-stock-market-crash-of-1929-wh
y-history-textbooks-and-the-conventional-wisdom-get-it-wrong/#:~:text=Economic%20
downturns%20hurt%20the%20optimistic,shorting%20stocks%20at%20this%20time.
- https://www.federalreservehistory.org/essays/stock-market-crash-of-1929
- https://www.investopedia.com/terms/s/stock-market-crash-1929.asp
- https://www.britannica.com/event/stock-market-crash-of-1929

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