The stock market crashed in late October of 1929. People who had owned stocks sat helplessly watching the news as the stocks dropped and investors killed themselves (Ganzel, Crash). Some investors who had realized the warning signs and had sold their stocks had survived while the others were not so lucky; other investors had taken advantage of the crash at the time and had bought the stocks at their current prices (Gitlin). Over the next two days the value of companies that were being traded had dropped about 13 percent on Monday and another 12 percent on Tuesday which is now known as Black Tuesday. The stock on the exchange was less than one fifth of what it had been at its peak. On what is known as black Thursday October 24th almost thirteen million shares were traded. On black Thursday a record was set for the amount of trades in the US (welfare history project). The crash and Depression of the 1930s greatly affected the people. It affected their businesses, jobs, home life, and it allowed Roosevelt to become president. After the stock market crash happened and it sent our country into the great depression, it affected our businesses. Most of the people had lost their money whether from investing into stocks or by keeping their money into the banks. No one was buying from places that were actually open because nobody had the money to do so. This forced businesses to shut down. Not only had the people forced the businesses to close but the banks had a part in it also. Businesses that needed the credit from the banks to run had to shut down (Great Depression Video).People had lost money when the banks had invested it without the consent or even the simple knowledge to them. Some banks had tried to get out of the banking system by using their own money but failed. There was a slight increase in stocks at first, but when they had dropped again that weekend everyone had gave up (welfare history project). Between 1929 and 1933 the Unit