The stock market crash in 1929 made many people lose all their money overnight. Many people committed a suicide aftermath. Therefore, the Fox Movietone News made movies advising people to do not put their money on stocks. However, it wouldn’t last long until people started investing their money on stocks again.
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I think you are missing an important point here on why the crash occured. It would have help us understand more how living in the 1920’s was. It is intersting to know that Fox News was around in 1929. I thought it was established in the 1980’s.