In 1926-1928 the U.S. economy was on the upswing. Increase of production volumes positively reflected on the financial performance of the companies, leading to the growth of the shares’ prices. The total value of the issued securities on the 1.10.1929 was about 87 billion dollars. The immense power of the economy was indicated by the fact that in 1929 the automotive industry has released abo... read more
5 pages
1500 words
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