level 11
AZUZ:
It`s time for "The Shoutout."
Which of these events happened in 1929?
If you think you know it, shout it out!
Was it,
Mount Everest summited?
Stock market crashed?
First Winter Olympics held
or Herbert Hoover elected?
You`ve got three seconds, go!
The stock market crashed on Black Tuesday, October 29th, 1929.
That`s your answer and that`s your "Shoutout."I
2013年10月29日 07点10分
2
level 11
That was 84 years ago today.
The stock market had seen a few days of wild selling and buying beforehand,
but on October 28th and 29th the bottom fell out.
Billions of dollars were lost. Billions.
And this was at a time when a car cost around 400 bucks.
Some investors lost everything they had.
Americans rushed to banks to get their savings out,
and that caused banks to fail.
Despite the attempts of President Hoover
and other U.S. government officials to reassure Americans
saying,
this was just a temporary problem with the stock market,
the prosperity was just around the corner,
the dawn of the Great Depression had arrived.
It would meet unemployment rates as high as 25 percent.
It would spread poverty around the world.
And it would last until World War II.I
2013年10月29日 08点10分
3