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Al Capone

Al Capone


Every American has a dream of owning their own house, having a good life, owning a lot of money, having a decent house, and a wonderful family. Through most of the 1920s stock prices rose steadily, eager to take advantage of this market many Americans rushed to buy stocks and bonds. By 1929 about 4 million Americans owned stocks. Many of these investors were already wealthy, but others were average Americans who hoped to strike it rich. As stock prices rose, several problems became evident.
More and more investors were engaging in speculation, the buying of stocks and bonds on the chance that they might make a quick or a large profit, ignoring the risks. Their unrestrained buying and selling fueled the market’s upward spiral. As prices rose, wealth was generated on paper, but it bore little relation to the real worth of companies or the goods that they produced. The price of stocks had little relationship to the dividends the stocks paid.
Furthermore many......


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Approximate Word Count: 4798
Approximate Pages: 20 (250 words per double-spaced page)

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