美国股市崩溃原 the collapse of the US stock market.docx
- 文档编号:1375627
- 上传时间:2022-10-21
- 格式:DOCX
- 页数:8
- 大小:25.12KB
美国股市崩溃原 the collapse of the US stock market.docx
《美国股市崩溃原 the collapse of the US stock market.docx》由会员分享,可在线阅读,更多相关《美国股市崩溃原 the collapse of the US stock market.docx(8页珍藏版)》请在冰豆网上搜索。
美国股市崩溃原thecollapseoftheUSstockmarket
1929美国股市崩溃原(1929thecollapseoftheUSstockmarket)
IhopetheCommissionandtheseniorleadershipinlearning:
thelandlord1929U.S.stockmarketcollapse
GoodViagrapublishedinSoufangwangOwnersForum-Shanghai-propertyownersforumtopic
Infact,theeconomicdevelopmentoftheUnitedStatesin1929therehavebeenseriousdifficulties.Duetotheslowdevelopmentofthetraditionalindustrialsectorin20s,thelackofconstructionhasseriouslyhamperedthedevelopmentofothersectorsoftheeconomy,whichhasledtoagreatrecessioninthewholeeconomy.ButtheNewYorkstockmarketthroughcontinuousdriveupinthefirsthalfof1929,thepricehasbeenrising.TheUnitedStateshasbeenabarometerofeconomicdevelopmentcannotreflecttherealsituationoftheAmericaneconomy.Asweknow,thestockmarketistosupportinvestorconfidenceandhopeforthefuture.ButthiskindofconfidenceandhopeinlateOctober1929,duetotheeconomicdownturnandcompletelyshattered.Themajorityofinvestorsbegantosellstockscrazily,thestockpricesfellfast,andeventheautomaticquotationmachinewastoolatetoquote.Thestockmarketcollapsed.Thestockmarketcrashtriggeredaseriesofchainreaction.Thewealthofthevastmajorityofinvestorsalmostdisappearedovernight,forcedbylivelihoodandconfidenceshaken,peoplerushedtothebankexchangedeposits,whichdirectlyledtobankfailures.Afterthebankruptcyofthebank,thenormaloperationofalargenumberofbusinessenterprisesalsodeclaredbankruptcybecauseofthelossoffinancialsupport.Asaresult,theworkersareunemployedandthelivingstandardsofthepeoplearegreatlyreduced,andtheyareunabletobuygoodsinthemarket.TheUnitedStateseconomybegantoentertheviciousspiral.1929:
WallStreetstockmarketcollapseinOctober1929,whentheAmericansstillrevelintheirfiction"permanentprosperity"ofthedream,astockmarketcollapseastheforerunneroftheseriouscrisiswiththesuddennessofathunderboltburstinamerica.ItdestroyedthefinancialinstitutionsoftheUnitedStates,acrossallsectorsoftheeconomy,pushtheUnitedStateseconomyonthebrinkofcollapse.Foratime,miserableconditions,theU.S.economyfromnineteenthCenturyStarvingpeoplefilltheland.......thelast30yearstostartaleapingdevelopment.AfterenteringtwentiethCentury,themomentumisstillunabated,itisnotonlytheBritishandFrenchleftfarbehind,butalsomakeuptheFranceandJapantocatchup.BytheeveofthefirstWorldWarin1913,theindustrialproductionoftheUnitedStateshadaccountedfor1/3oftheworld'stotal,exceedingthesumoftheproportionofBritain,France,Germanyandjapan.Withstrongeconomicstrength,theUnitedStatestookanactivepartinthefirstWorldWarinwhichthemajorimperialistcountriessplituptheworldmarketandtheworldterritory.ThreeyearsaftertheoutbreakofWorldWarII,theUnitedStatestoabandontheso-calledneutralposition,announcedinthewar.Inthewar,althoughthelifeandpropertyoftheAmericanpeoplesufferedacertainloss,butonthewhole,theUnitedStatesisabigwarwealth,theeconomyisstillrising.ThewarmadeAmericancompanieshypeforproduction,domesticemployment,exportsincreasedrapidly,tradesurplusincrease,theinternationalbalanceofpaymentssituationhasgreatlyimproved,theUnitedStatesbythedebtortocreditor.Atthispoint,NewYorkhasbecomeanimportantfinancialcenterintheworld,andthedollarinsteadofthepoundhasbecomethemainmeansofinternationalexchange.Americanbankersandbusinessmenbeganexportinglargeamountsofcapitaloverseas.By1929,theUnitedStateshadalong-termoverseasinvestmentofnearly15billion400millionUSdollars,ofwhich$7billion800millionwastheforeignsecuritiesownedbytheUnitedstates.The"wartimeeconomy"andthe"prosperity"nurturedastrongspeculativeatmosphere.AnyAmericanhasthereasontobelievethattheUnitedStateswillbe"permanentlyprosperous"intwentiethCentury,andtheiroptimismisfirstmanifestedininvestmentinrealestateandstockmarkets.Inthemiddleofthe20s,theunprecedentedprosperityofrealestateinFloridacompletelyconqueredtheAmericansofthewholecontinent.Fromtheinvestmentenvironment,Floridaisattractive.Loosecreditconditionsalsocontributedtothespeculativefrenzy.TherewerereportsoflandonPalmBeach,worth$800thousandin1923,$1million500thousandin1924,and$4millionin1925.Inthehottestperiodofspeculationin1924-1925years,thepriceofrealestatewillbedoubledinaboutafewweeks.InthelightofMiamiisarealestateagentis75000,
1/3ofthewholecity.Everyonebelieves:
"thereisnoriskoffallinginthismarket."."Likeallspeculativemania,theinevitable
- 配套讲稿:
如PPT文件的首页显示word图标,表示该PPT已包含配套word讲稿。双击word图标可打开word文档。
- 特殊限制:
部分文档作品中含有的国旗、国徽等图片,仅作为作品整体效果示例展示,禁止商用。设计者仅对作品中独创性部分享有著作权。
- 关 键 词:
- 美国股市崩溃原 the collapse of US stock market 美国股市 崩溃
![提示](https://static.bdocx.com/images/bang_tan.gif)