Monday, May 23, 2011

Suggested Reading: "The Stock Market Crash Of 1929" by Kristine Brennan (2000)

The Stock Market Crash of 1929 (Great Disasters and Their Reforms)The Stock Market Crash of 1929 by Kristine Brennan

My rating: 3 of 5 stars


A well written, easy to read introductory explanation of the economic policies and practices that led to the Stock Market Crash of 1929 and the Great Depression that followed, plunging the United States citizenry into a decade of financial hardships that were almost unimaginable just a few years before. Also introduced to the reader in this volume are the economic strategies, reform policies and work programs ("The New Deal") that were enacted by the U.S. Government, Wall Street Barons and the Bankers to help ease some of the financial difficulties being endured by the man on the street. Those policies, combined with the eventual onset of World War II and the ramp-up in domestic manufacturing and jobs creation that the war brought about finally reversed the economic downturn and propelled America forward into a decades-long time of unequaled growth and prosperity.

If you find yourself lacking in knowledge about the Crash of '29 and the Great Depression, this book would be a great place to start reading up on the topic. It appears to me to be something that was written with middle-school aged children in mind, but at the same time is not so dumbed-down that adult readers with a limited understanding on the topic feel they are reading a childs book - the adult reader can also come away with a better understanding of the events leading up to the Stock Market Crash and Great Depression.

No comments:

Post a Comment

My Ping in TotalPing.com