Will History Repeat Itself? Examining the Stock Market Crash of 1929 and Economic Indicators of 2013

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Will History Repeat Itself? Examining the Stock Market Crash of 1929 and Economic Indicators of 2013

The end of World War 1 brought a new era into the United States; an era of enthusiasm, optimism, and confidence. This was a time when the industrial revolution was in full swing and new inventions, such as radio and airplanes, made anything seem possible. Capitalism was the economic model and nothing but good times seemed to appear on the horizon. It was this new era of optimism that enticed so many to take their savings and invest in various businesses and stock offering. And in the 1920s, the stock market was a promising favorite.

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