Stock market crash
The stock market of the 1920's was almost a sure thing that people would make money and prosper. The stock market was at a boom and times were great in the U.S businesses were thriving and most Americans had a job and did not have to face the struggles of unemployment. People were starting to believe that they could become rich by a simple investment in a stock. People were so being risky they started buying on margin which means they would get a loan for about 80 to 90 percent of their investment in the stock. Companies and bank would invest money into the stocks to grow in revenue, banks even invested their own customers money without their knowledge! On October 29, 1929 known as black Thursday the stock market officially crashed, margin calls were sent out, people selled stocks, and some even took their own lives because of the amount of stress.