Page 26 - HP3A 011 Stock Market
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market because they had a lot of



         money from the public. However,




         if  the stock prices fell, so did the



         private companies and so did the



         people’s economy.




         An example of  the massive impact



         a stock market crash has on its




 of  dollars were lost, and wealth   economy was the crash of  the



 was destroyed in a massive scale.   Down Jones on October 24, 1929.



 People started to invest in the stock   This event is known as the Black




 market after the social security and   Thursday, in which the company



 retirement plans had been passed to   lost 50% of  its stocks. Also, it was




 private companies. These companies   one of  the reasons to why the Great



 would link the money to the stock   Depression had started in that same
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