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Essay / Research Paper Abstract
This 5 page paper reviews 2 academic books and three magazine articles and notes which works are most reliable in terms of disseminating information on the event. The stock market crash is discussed. Bibliography lists 5 sources.
Page Count:
5 pages (~225 words per page)
File: RT13_SA206mkt.rtf
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Unformatted sample text from the term paper:
magazines meant for the general public, the topic is treated with frivolity. Things may be spiced up or used in such a way as to make a point suited to
the article slant, and not really give any credible information for a serious reader. In looking at the stock market crash of 1929 as an example, it is interesting to
see how it is looked at by scholars as opposed to how information is relayed, say, in a contemporary magazine. Certainly, there are vast differences in the language used, and
the amount of information disseminated, but there may also be inconsistencies and this is important to pinpoint. In a book written in the subject, Bierman asks whether
or not the market was too high and suggests that contemporary and historical accounts have failed find a "smoking gun" or a culprit (Bierman 1998, 1) . The author
goes on as he starts his book with an overview of what had come to be known as Black Thursday, which is also the day that stock market crashed on
October 24, 1929 (1998, 1). The stock market reportedly fell 34 points which was equivalent to a 9% drop for the day (1998, 1). The author goes
on to report more detail, saying that the trading volume had been approximately three times the norm when looking at the performance of the market for the rest of the
year (1998, 1). A selling panic ensued and the author points out that it was a series of events that led to the crash, something that technically started prior
to October 24 (1998, 1). The author continues and points out misconceptions about the crash, and notes that if in fact prices were too high due to speculation, then
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