A concise report about the history of the Dow Jones Industrial Average starting from the market crash of 1929.
Written in 2002; 1,695 words; 8 sources; MLA; $ 54.95
Paper Summary:
This paper analyzes stock market crashes, from 1929 until today. The paper describes the volatile history that has taken place since 1929, illustrating an interesting discourse on the Dow Jones Industrial Average. The writer provides possible recovery scenarios and offers advice to the beginner investor.
From the Paper:
"One country that has affected that of the United States in the issues of responding to market outcomes in America is that of China. In 1998 China's stock market operated smoothly and we saw it continue to grow. By the end of 1999 the number of companies listed on domestic markets in China had reached eight hundred fifty one that is an increase of one hundred and six, or fourteen percent, for the year. The chairman of the Securities Regulatory Commission said that by the end of that year the total market value had exceeded 24.46 percent of the gross domestic product, and the number of registered investors reached thirty nine million. The Dow Jones Industrial report continued to say that one hundred twenty enterprises listed stocks on both domestic and overseas markets. One hundred fifty seven enterprises listed A shares and two companies issued convertible bonds which all had an aggregate capital-raising volume of 84.14 billion (Madigan 1999)."
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