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The Stock Market
• Symbol of American prosperity
• Economists warned of weaknesses in the
economy but Americans invested anyway
• 2 types of people
– Rich
– Those who hoped to strike it rich
• Dangers
– Speculation
• Buying with hope of a quick profit
– Buying on margin
• Small down payment, owing the rest

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The Stock Market

  • 1. The Stock Market • Symbol of American prosperity • Economists warned of weaknesses in the economy but Americans invested anyway • 2 types of people – Rich – Those who hoped to strike it rich • Dangers – Speculation • Buying with hope of a quick profit – Buying on margin • Small down payment, owing the rest