1929年美国股灾（In 1929 the U.S. stock market crash）.docVIP

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1929年美国股灾（In 1929 the U.S. stock market crash）.doc

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1929年美国股灾（In 1929 the U.S. stock market crash）

1929年美国股灾（In 1929 the U.S. stock market crash） Review of the 1929 U.S. stock market crash Economic crisis intervention deep level and long duration, the impact of a wide range of politics in 1929 across the industrialized countries many unique in contemporary history. For the stock market crash and the great depression causes the understanding, until now still Western academia, industry and political debate. Even around the Great Depression explain the causes of formation of the macro economics, many schools today. The focus of the debate including government inappropriate fiscal and monetary policy, technology shocks, speculation, unfair distribution of social morality, and so on, but there is a recognized various viewpoints, namely the irrational optimism is one of the causes of the tragedy. People will ask, is the 1920s American society is not aware of the coming catastrophe? Flying in 1920s 1920s was also known as the new era, wealth and opportunities seem to just win in a war the Americans opened the door of his stingy. Everyone should be rich, President of General Motors Corp. and published his views on the new era. President Hoover also believes that we are on the eve of the war made a decisive victory in poverty, slum soon disappeared in the United states. The opportunity and prosperity in 1920s to become the eye-catching signs. The U.S. stock market after 10 years of the bull market in early twentieth Century, Americas most famous economist, Professor of economics at the Yale University, Owen Fisher said in October 22, 1929 the New York Times headlines, I think the stock price is very low. However, after a few days the stock market bubble burst. The stock market bubble, the economic growth speed is often cultivated numerous factors of technology development, institutional change and the social atmosphere. In 1920s the United States experience embodies the role of these factors. Is a map of the United States in 1920 to the 1939 manufacturing index. The begin