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American Society in the 1920s

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American Society in the 1920s. Stockbrokers. Contents: - What is Wall Street? ... The main reason people buy stocks and shares are because they think that what ... – PowerPoint PPT presentation

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Title: American Society in the 1920s


1
American Society in the 1920s
  • Stockbrokers

2
- What is Wall Street?
- Why do people buy stocks and shares?
Contents
- What happened to the price of stocks and shares
in the 1920s/ examples of companies that were
effected
- Henry Ford
3
- Wall Street is a street of tall office
buildings. The most famous of the buildings is
the New York Stock Exchange. This is where all
the stocks and shares of every kind can be bought
and sold.
What is Wall Street?
Wall Street
4
The main reason people buy stocks and shares are
because they think that what they invest would
multiply and they would gain a lot of income.
Why do people buy
stocks and shares?

5
price of stocks and shares
  • Stocks rose 65 in the years between 1920 and
    1929.
  • Wages increased only 25.
  • Before 1920 people borrowed money only to start
    a business/ buy a house.
  • - They would then make more money and then would
    return it.

What happened to the
in the 1920s
  • In the 1920s, for the first time in history,
    Americans borrowed to live more pleasantly.
  • They went into debt.
  • In 1929, Wall Street crashes as New York prices
    plunge.

6
Companies

3rd September 13. Nov 1929
1929
American Can 182 cents 86 cents
Anaconda Copper 162 cents 70 cents
Electric Bond and Share 204 cents 50 cents
General Electric 396 cents 168 cents
General Motors 182 cents 36 cents
New York Central 256 cents 160 cents
Radio 505 cents 28 cents
United States Steel 279 cents 150 cents
Westinghouse EM 313 cents 102 cents
Woolworth 251 cents 52 cents
Companies that
were affected
7
Profile Year of Birth 1863, During the American
Civil War Year of Death 1947 Place of Birth
Dearborn, Michigan, USA Parents William Ford and
Mary Litogot Children Edsel Ford Spouse Clara
Bryant Occupation Engineer, Pioneer Car
Manufacturer Relation to Stocks The basic idea
is that managers, professionals, hourly workers,
and stockholders are all partners in the
enterprise. The only way for each shareholder to
get a bigger piece of the pie is to make the pie
bigger. He also thought The stock market,
retailing, and the government does not create
value or add value to anything. He earned a
place in the dictionary
Henry Ford
8
The End
9
Credits
Executive Producer Owen Kang
Information Advisors Akash Sureka Owen Kang
Graphics, Design Effects Owen Kang
Pictures and Images Akash Sureka Owen Kang
Distributor KGV
Handouts Owen Kang
With Special Thanks to Arthur Chan and Dan
Cheng
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