The United States hit the so called “great era” in the 1920s, Americans suddenly took an interest in the stock market. Many ordinary people believed the stock market was the place to seek for wealth. For almost eight years the stock value has been raising, stocks represented opportunities and dreams. Rich stock investor like Jesse Livermore and Charles Mitchell persuaded many middle and lower classes to buy and sell stocks. Banker, broker and speculators were celebrities of the day, they represented the wealth of the economy. It was not until 1929 until the when the crash of stock market that led the nation into a tremendous downfall.
Modern American History
spring 2011
