Similiar to what is happening in the 2000s, back in 1929, stock prices were overvaluated and that came in conjunction with a crappy real state market. People were spending a lot of money during the 1920s (a little like what happen in the 1990s) because they were investing again, after the end of the Great World War of 1914-18, and things just got worse and worse in terms of economic speculation. Basically there were several aspects of the crash, but the main ones were: - gh speculation - gh stock prices / Overvalued stock - Downturn of the real state market You can read the full story here: nytimes.com/library/financial/index-1929... b.
Stocks plunged on August 4, 2011 in their single worst day since the 2008 financial crisis. The Dow tumbled 512 points, its ninth deepest point drop ever, as fear about the global economy spooked investors especially after the debt reduction dead President Obama signed. All three major indexes tumbled more than 4% and The Dow, Nasdaq and S and P 500 have all fallen 10% in just the last 10 days.
The stock market crash of '29 had several factors. Investors purchasing stock on margin and a bad economy were 2 of the reasons.
I cant really gove you an answer,but what I can give you is a way to a solution, that is you have to find the anglde that you relate to or peaks your interest. A good paper is one that people get drawn into because it reaches them ln some way.As for me WW11 to me, I think of the holocaust and the effect it had on the survivors, their families and those who stood by and did nothing until it was too late.