1929 Stock Market Crash
Bruner, Robert F., and Scott C. Miller. “The Great Crash of 1929: A Look Back After 90 Years.” Journal of Applied Corporate Finance 31.4 (2019): 43-58. https://doi.org/10.1111/jacf.12374
According to Bruner and Miller (45), recent research indicates an alternative interpretation for the great crash of 1929, an assembly and technology transition that spurred growth in the economy and financial market unpredictability rather than credit growth and consumerism. On the contrary, The Dow Jones Industrial Average (DJIA) index nearly doubled between early 1926 and spring 1929, rising from 158 to 308, indicating a rapid economic boom (Bruner & Miller 52). However, there is no proof that anyone in 1929 might or should have predicted a substantial drop in American output or jobs.
Bruner is a professor at the University of Virginia and teaches and conducts research in finance. At the same time, Miller is an economic historian at Yale University and has a research interest in financial crises. Therefore, they are a credible source of information on the financial crisis. Similarly, the author uses outside sources and cites external sources and lists outside sources on a reference page.
1929 Stock Market Crash
Richardson, Gary, et al. “Stock Market Crash of 1929.” Federal Reserve History (2013). Stock Market Crash of 1929 | Federal Reserve History
Richardson et al. (n.p.) observe that the financial bubble took place when people were hopeful about the future. Automobiles, telephones, and other emerging inventions became widely available. Common men and women were putting increasing amounts of money into stocks and bonds, leading to stock prices reaching new highs On the New York Stock Exchange (Richardson et al. n.p.). On the other hand, the Federal Reserve believed that stock market speculation diverted money away from more beneficial purposes, such as trade and manufacturing.
The website is a credible source of information as it ends with .org. Richardson is an economics professor at the University of California and a Federal Reserve structure historian in Richmond’s research division. Therefore, it is a credible information source on financial crises, and the authors use outside sources, cite external sources, and list outside sources in the bibliography section.
1929 Stock Market Crash
Kabiri, Ali. The Great Crash of 1929: A Reconciliation of Theory and Evidence. Springer, 2014. https://doi.org/10.1057/9781137372895
Understanding the financial markets boom and bust in the United States in the 1920s is critical for developing strategies to mitigate economic downturns’ potentially damaging impact (Kabiri, 23). The author uses new data to clarify what contributed to the stock market boom in the 1920s and the 1929 crash and whether 1929 was a bubble or not, and whether it could have been expected.
Ali Kabiri is an analysis associate at the monetary markets organization LSE and an economics lecturer at the University of Buckingham in the United Kingdom. He is also a visiting research professor at Yale University and Columbia Business School in the United States. Therefore, he is a credible source of information on financial crises, and the information is valuable because it is backed up by historical evidence to support it.
1929 Stock Market Crash
James, Harold. “1929: The New York Stock Market Crash.” Representations 110.1 (2010): 129-144. https://doi.org/10.1525/rep.2010.110.1.129
The October 1929 stock exchange crash in the United States is unquestionably the most prominent financial crisis in history (James 129). The collapse of 1929 is a significant concern in that it is a dominant event. The economy in the United States was obviously slowing, and construction had peaked several years earlier, in 1926, and had since dropped off. Notably, financial market uncertainty has risen in recent years due to market globalization (James 137). With each financial crisis, the memory of 1929 is revived as part of a call for a radical rethinking of policies aimed at economic liberalization.
James is a finance and economics historiographer pursuing European and American economic history. He is also a History Professor at Princeton University. Therefore, he is a credible source of information on the history of the financial crisis. Similarly, the author uses outside sources and cites external sources and lists outside sources on a reference page.
1929 Stock Market Crash
Klein, Maury. “The Stock Market Crash of 1929: A Review Article.” Business History Review, vol. 75, no. 2, 2001, pp. 325–351., http://doi.org/10.2307/3116648
The collapse of the stock exchange in 1929, a significant tragedy that continues to haunt the nation’s recollection, has gotten relatively limited recognition from academics in the past seven decades, with far less consensus on its causes and consequences (Klein 325). As per the literature analysis, the disagreements and disputes over the crash indicate much concerning what can and cannot be recognized with certainty about the impact as they do about possible responses to the crash’s conundrum. Unlike other stock market crises, the Great Crash resulted from a sequence of events that spanned months (Klein 337). For example, around seventy million stocks were exchanged during the famous eight frantic sessions, which was more than any month before March.
Klein is an American historiographer and author of books on the railway industry and American history in the 19th century. He is a former history professor at the University of Rhode Island and, therefore, a credible source of information on the financial crisis history. Similarly, the author uses outside sources and cites external sources and lists outside sources on a reference page. Use APA referencing style.