Summary:
The crash on Wall Street that greatly contributed to the Great Depression.
Wall Street is known to most as a worldwide symbol of high finance and investment even before the American civil war; for it has been the location of some of the chief financial institutions of the U.S.A and was recognized as the financial capital of the nation.
The 'Wall Street Crash' technically began early in the 1920s. America was getting richer and people had spare money to buy stocks and shares. In the late 20s, the prices of shares rose rapidly as speculators, people who bought deeds and sold them later with a higher price for profit, grew wealthier and shares were worth more and more. This economic boom became known as 'The Roaring Twenties'. Everyone seemed to be "living on profits which had not been made yet." People were.....
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