The 1987 Stock Market Crash
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This paper suggests the reasons for the October 1987 stock market crash such as margin buying and stock overvaluation. The author points out peoples' reaction to it and what could have been done to prevent it. The paper compares compares the 1987 stock market crash to the 1929 crash.
From the Paper:"On October ..., after having soared to a peak of in ... August ..., the Dow Jones Industrial Average dropped by .... points, losing ... percent of its value and engendering panic on Wall Street and in stock markets around the globe as ... trillion in the value of corporate America's stock literally evaporated. It is the purpose of this essay to examine the stock market crash and to briefly compare that crash to the significantly more dramatic and devastating October ... market crash. The report will ..."
Cite this Comparison Essay:
The 1987 Stock Market Crash (2005, December 01) Retrieved August 08, 2022, from https://www.academon.com/comparison-essay/the-1987-stock-market-crash-71938/
"The 1987 Stock Market Crash" 01 December 2005. Web. 08 August. 2022. <https://www.academon.com/comparison-essay/the-1987-stock-market-crash-71938/>