Cover image for The Crash of 1929
Title:
The Crash of 1929
Author:
Aaseng, Nathan.
Personal Author:
Publication Information:
San Diego, CA : Lucent Books, [2001]

©2001
Physical Description:
108 pages : illustrations ; 24 cm.
Language:
English
Contents:
The roaring twenties -- Growth of the stock market -- Danger signs -- The foundation begins to crumble -- The bottom falls out -- Immediate effect of the crash on Americans -- Long-term effects of the stock market crash.
Program Information:
Accelerated Reader AR UG 10.4 6.0 51632.
ISBN:
9781560068044
Format :
Book

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HB3717 1929 .A2 2001 Adult Non-Fiction Open Shelf
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Summary

Summary

Almost overnight, the hopes, dreams, and life savings of millions of Americans were wiped out when the stock market crashed in October of 1929, and ushered in the Great Depression. This book tells how the unthinkable happened, and how the crash changed the course of history.


Author Notes

Nathan Aaseng grew up in Minnesota and worked as a microbiologist for four years before becoming a writer.

He has written over ninety books for young readers, including biographies, and sports and science books.

(Bowker Author Biography)


Reviews 1

School Library Journal Review

Gr 6-9-Aaseng imparts the culture and circumstances that led to the 1929 stock-market collapse, the nuts and bolts of what happened day by day, and the myriad and complicated aftershocks. Although the coverage is not extensive, it relates the crash to other world events before and after it, such as World War I and the rise of Nazism. The author generates interest by focusing on the human element, including the roles of men such as President Hoover and Richard Whitney, vice president of the New York Stock Exchange; the influence of John D. Rockefeller and John Maynard Keynes; and the effects upon such people as Groucho Marx, who lost his entire savings; and those who committed suicide rather than face life with vanished fortunes. The many direct quotes are helpful, relevant financial concepts are well explained, and the annotated bibliography is useful. While the black-and-white illustrations are not impressive and the design isn't very attractive, the book is a valuable purchase as it elaborates on paragraphs in textbooks and encyclopedias about a major historical event.-Andrew Medlar, Chicago Public Library, IL (c) Copyright 2010. Library Journals LLC, a wholly owned subsidiary of Media Source, Inc. No redistribution permitted.