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Few seniors forget the day it happened. After hitting a yearly peak of 381 points in September the Dow Jones plummeted to a dismal 198 within 2 months. (Wigmore 3) On October 28, 1929 the [then] largest ever recorded single-day drop of 38 points initiated another 30pt. calamity 24 hours later. (Wigmore 4) The dramatic Black Tuesday. Trading was tripled at 12.9 million shares and widespread panic induced the most catastrophic economic event in American History. The cause may have been solely economic; however its effects were of everything. The social impact was enormous. (Wigmore 23) Millionaires turned beggars, middle-class suicides, and citizens meandered the streets waiting days in line for a single loaf of paltry bread. Most everyone witnessed one way or another, these previously unseen horrors. For many who experienced them, change was inevitable. The standard of living declined sharply and in few short years, entire family lifestyles permanently altered. Exactly what and how......



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Title: Depression Impression: Lessons Learned Once 1929.
Approximate Word Count: 871
Approximate Pages: 4 (250 words per double-spaced page)

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