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Updated: 9/16/2020
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Storyboard Text

  • That will be 100$ for the stock
  • oh really? well were gonna need confirmation.
  • Our company is struggling with investors on protected information on stocks
  • can I borrow about 50$ to help pay off my margin?
  • In the 1920’s only 2 percent of Americans were purchasing stock, but then as manufacturing started growing, stock prices grew and investors started making profit
  • Later, companies soon started telling the public about their struggles, but the public had no confirmation that the companies financial reports were reliable.
  • stock prices
  • When you buy a margin it means a person buys a stock with their own money and some is borrowed.
  • sorry but you don't have enough money to pay off your loan
  • When people buy stock, they're basically buying some of the company (if the company makes money, then the buyer makes money. If the company loses money, then the buyer will lose money)
  • People would by stock and hope the company would make money.
  • The market in mid 1929 started becoming a “bull” market which meant their prices were increasing steadily due to everyone buying stock
  • If the buyer's stock decreases and they decide to sell it, sometimes they don’t get enough money back to pay their loan back so they would have to find a way to make extra money to pay off that loan.
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