Storyboard
Texto del Guión Gráfico
- Speculation
- Jerry, I am thinking of those band stocks, What ya think?
- THAT IS GREAT TOM! LETS INVEST A LOT!!!
- Overproduction-Farming
- OH NO!! THE PRICES ARE DECLINING
- I AM DONE WITH THISSSS!!!
- Shaky Banking Practices
- MY MONEY!!!!!
- I"M SORRY!!! I DON"T HAVE ANY SIR!!! MAYBE LATER!
- People were speculating about the value of stocks and rushing to buy more and become rich.
- Buying on Margin
- Relying on credit to get my investments right!!
- After WWI, farmers had more crops than demand. Additionally, the crop prices declined, which resulted in them being unable to repay their debts.
- Overproduction-Industry
- Banks were making bad investments and companies were going out of business. People lost their savings, it was gone forever.People rushed to withdraw money before banks ran out.
- Restrictions on International Trade
- No more goods being transported.. Darn!!! Out of business and America isn't getting financially better!!
- 10% down from the buyer, the rest is financed from the bank, Results in the Stock Market Crash.
- People were mass producing vehicles and other things in factories which caused the price of them too go down/ decline.
- Foreign countries did not want to pay the expensive tariff, so there are no international buyers for our overproduction.
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