Personal Narrative Essay: The Stock Market Crash

The fresh morning air was cool against my face. Father had been gone for a while now, he had been called by his work for some “serious business.” As my sister Aliah, and I played in the pond by our 2 story house, we heard a faint muttering of Father’s pick-up.

The United States signaled a new era after the end of World War 1; an era of hopefulness when many people invested their money that was under the mattresses at home or in the bank. In the 1920s, the stock market reputation did not appear to be a risky investment, until 1929.

When most people think of the U.S in the 1920s they thinks of flapper girls, the up and coming sports industry, and all the new technology that was coming out. What many people don’t think of is all the ups and downs that the economy experienced. From the economical adjustments after WW1 and the worker strikes, all the way to the booming economy and eventual crash of the stock market. With that being said, I believe it is safe to say that the 1920s had it’s fair share of ups and downs. Although the 1920s had many great attributes, it is still most widely known for the disastrous stock market crash.

Last I heard from my friends they had grown ears and tails and one seemed to have a fever so I could only wonder if and when something would happen to me. It was already fairly late so I figured it wouldn't do me any good to stay up all night waiting for something when it might not even happen so i drifted off to sleep. When I woke up for school I was still feeling fine aside from the normal morning haze so I figured might as well finish off this week since it was Friday. During lunch just as I sat down by my friends everything started to feel warmer and a headache began to pulse. Of course my body chose now to betray me. I grabbed my head in a desperate attempt to stop the growing pains and everyone around me began to notice my discomfort and tried to help but it just

Everyone experiences sadness — sadness is a part of life. However, with many people, their sadness can escalate into a feeling of emptiness and a lack of motivation. I have encountered this, and I am still dealing with it today. Few can remember the moment it happened, but I can. For me, my depression started on my 14th birthday. It happened during a sleepover at my house around 12 a.m. I can remember just laying on my couch texting my friend all content and the next thing I know, I just feel this empty sadness take over, it was unlike anything I had felt before. It had taken me awhile but eventually I realized what was happening to me. It started out as just sadness for a few years, then it morphed into this numbing emptiness. I could still

America’s Great Depression is believed as having begun in 1929 with the Stock Market crash, and ending in 1941 with America’s entry into World War II. In order to fully comprehend the repercussions and devastating effects of the Crash of 1929, it is important to examine the factors that contributed to the catastrophic event which led to The Great Depression. The Great Depression was the worst economic slump in U.S. history, and it spread to most of the industrialized world. Many factors played a role in bringing about the depression; however, the main cause for the Great Depression was the combination of the greatly unequal distribution of wealth throughout the 1920s, and the

I have learned quite some lessons since I was eight years of age. See, I grew up with immense depression, anxiety, insomnia, and minor schizophrenia. Of course, I never knew that because I always thought it was something every child went through, the twist; however, I did not have "Imaginary friends", all-though everyone described those voices as them, they were demons to me. These "demons" patronized me days in and days out. Due to these "demons" I never got to sleep which resulted in hallucinations. These hallucinations concluded with me flailing around thinking I was about to get killed or hit by an oncoming car when there was no car in either direction of me.

Depression is intoxicating. She has celestial silver skin and Her eyes are stormy gray with hints of ocean wave from within. When the light hits just right, they reflect a peaceful time when everything at night came to life. She once disguised herself as a companion to me and my best friend, Imagination, an artist with cotton candy hair and emerald eyes. Imagination, Happiness, Compassion, Idealism, Ambition and I had found a home in each other. We would sit all day coloring in abstract patterns with blended water color or riding horses through lively fields of painted grass. We would drone on and on about the future and how we would do this, that, and endless others. Idealism, Ambition, and Compassion set their elaborate plan for us being humble millionaires who would make the world a better place. In unison we always said, “We have potential.” That was until Depression started tagging along. We tried to help Her fit in, but Her water colors smudged in all the wrong places and She had to start again. All the horses ran from Her, grass wept

I remember coming home on a Monday afternoon and standing in front of the mirror in my room. Mascara and eyeliner were smeared all over my face, and my eyes were puffy. I went over to my dresser and grabbed the small pill bottle laying on top of it. I started off by taking 5. 5 turned into 10; 10 turned into 20; and before I knew it, I had taken 35 pills.

Pain, despair, loss, depression, anxiety. Those are the things that somehow made me as I am today. On October 8th I was born, a happy baby who had no idea the rough road ahead. When I was in second grade my parents got divorced. I was close to my mom so when she moved away I was lost in a whole new way. My dad had always had some anger issues but when they split it was a little more frequent. I had to move schools the next year and it was weird because I didn’t know anything about public school. I remember one day a girl walked up to me and asked if I wore mascara and I didn’t even know what that was. I didn’t know how to make friends, so I decided to be friends with the first person I met. That was a big mistake because she was just

The stock market crash of 1929 was one of the worst events in U.S. history. This topic was chosen to show the affects of the stock market crash. Even though the U.S. was not able to trade or sell, the stock market crash was highly effective because, their was a lost of jobs, shops were going out of business, banks lost money. This information shows the stock market crash of 1929 to be a major impact on

Just after ten years of Asian financial crisis, another major financial crisis now concern for all developed and some developing countries is “Global Financial Crisis 2008.” It is beginning with the bankruptcy of Lehman Brothers on Sunday, September 14, 2008 and spread like a flood. At first U.S banking sector fall in a great liquidity crisis and simultaneously around the world stock markets have fallen, large financial institutions have collapsed or been bought out, and governments in even the wealthiest nations have had to come up with rescue packages to bail out their financial systems. (Global issue)

It was 1929, and in the United States things could not be better for those smart enough, or for that matter, brave enough, to gamble on the Stock Market. All of the big stocks were paying off handsomely, the little ones too. However, as much as analysis tried to tell the people that this period of great wealth would last, no one could imagine what would come of the United States economy in the next decade. The reasons for this catastrophic event in American 20th century history are numerous, and in his book, The Great Crash, John Kenneth Galbraith covers the period and events which lead up to the downward spiral in the fall of 1929 and the people behind the scenes on Wall Street who helped this fire spread.

Marconi (2010) believes that the role played by the institutional investors propagated the financial crises. Institutional investors, which is both, individual or companies do enjoy the benefits of reduced commission preferential regulations. This is due to their large and professional investments. Institutional investors like the mutual funds, pension funds, hedge funds like Magnetar Capital, and Life insurance companies like the AIG and investments trusts contributed to the global financial crises of 2007-2008. This financial crisis also referred to as the great recession was triggered by liquidity problems in the United States economy. Many large financial institutions collapsed according to Geczy (2010). The government had to bail out

The reasons that led to the Wall Street Crash can be put into two main