Speculators
In these 2 images I am comparing how speculators were in the 1920s in the stock market and how they were after the crash in 1930s.
Image 1:
-In the first image we can see how speculators were desperate in the stock market trying to buy shares in the 1920s. Then they will sell them as soon as the price has risen. This was an easy way to earn money. But as people invested all their money this was what happened in 1930s...
Image 2:
-In the second image we can see speculators waiting for free food because after the Wall Street crash. These people had lost everything because they invested all their money. That’s why they had to eat in free food restaurants. Not only were individuals the ones that speculated, also banks with the money of the people, because of this, the people that didn’t speculate also lost their money.
Families
Image 1:
-In this image we can see that families started using new inventions because of the boom, one example is the radio. In the 20s families bought a lot of this inventions.
Image 2:
-In the 30s many families lost everything and had to live in the streets. The reasons of losing everything were:
That they lost everything speculating, because they invested everything.
Banks lost people’s money because they speculated with it.
