Several books have been written on the crash itself but non before has dealt with events leading up to it. The era of the 1920s was one of economic growth, and not merely tinsel and ballyhoo. For most of the period, stock market prices were not unreasonably high and investment capitalism matured and took on its present-day power. It was Wall Street's silver age. It was also and age of time purchases and of buying stocks on margin; an age when both practices were abused, but when Wall Street was no worse than Main Street. It was a period when government would not take major steps to correct the abuses and excesses. The few decisions made by the Federal Reserve were neither timely nor wise. A head of steam was building up for which there was no safety valve. When the great crash came it was not directly followed by an economic collapse. During the next year, government and business did nothing of importance to prevent the depression, whose severity could not be attributed to Wall Street.
具体描述
读后感
评分
评分
评分
评分
用户评价
相关图书
本站所有内容均为互联网搜索引擎提供的公开搜索信息，本站不存储任何数据与内容，任何内容与数据均与本站无关，如有需要请联系相关搜索引擎包括但不限于百度，google,bing,sogou 等
© 2025 book.wenda123.org All Rights Reserved. 图书目录大全 版权所有