Chapter

The Booming Twenties (1920–29)

Charles R. Geisst

in Wall Street

Published in print September 1999 | ISBN: 9780195130867
Published online November 2003 | e-ISBN: 9780199871155 | DOI: http://dx.doi.org/10.1093/0195130863.003.0007
 The Booming Twenties (1920–29)

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The boom and stock market crash of the 1920s. The public begins to invest in the stock market. Wall Street expands and banks begin selling securities. Wall Street bankers and brokers become celebrities. Federal Reserve is unable to slow down market bubble. The crash occurs and country quickly slides into depression. Market loss the largest in American history.

Keywords: banks; bubble; consumer boom; Federal Reserve; Great Depression; securities; stock market crash

Chapter.  20340 words.  Illustrated.

Subjects: Economic History

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