Tsunami [pic] INTRODUCTION The term tsunami comes from the Japanese language meaning harbour ("tsu") and wave ("nami"). Although in Japanese tsunami is used for both the singular and plural‚ in English tsunamis is well-established as the plural. The term was created by fishermen who returned to port to find the
Premium 2004 Indian Ocean earthquake Tsunami
CASE STUDY: Effect of 2004 Tsunami on Economy of India The earthquake of December 2004 is well known as the Sumatra-Andaman earthquake and is the fourth largest earthquake in the world since 1900. This was an under-sea earthquake‚ which happened at 7:58:53 am local time. The epicenter of this earthquake was in the west coast of Sumatra‚ Indonesia. As an effect of this earthquake‚ Tsunamis occurred throughout the Indian Ocean‚ killing loads of people and caused immeasurable damage to the coastal
Premium 2004 Indian Ocean earthquake Tsunami
Corporations stocks rose incredibly. But brokers loans reached $137 million‚ and New York’s banks were in debt to the Federal Reserve by $64million. Warning signs began to appear in the market‚ and many market analysts began predicting the crash. Throughout the nation‚ thousands of investors were margin trading‚ buying stock on credit. The margin trader bought stock by paying less than the full price. This was highly profitable but extremely risky. If the stock value decreased the
Premium Wall Street Crash of 1929 Stock market Stock
The Stock Market Crash of 1929 What was thought to be an immense time quickly plummeted‚ and took a turn for the worst. Investing money into something can be intensely hazardous. Just a few days prior to the Stock Market Crash of 1929‚ the stocks were at a superb state. Many people were buying into the stocks by getting loans from the banks. The people planned to resell the stock and eventually pay back the banks. Unfortunately‚ that was not the case. Stock prices began to drop and investors started
Premium Wall Street Crash of 1929 Stock market Great Depression
Stock Market Crash Of 1929 By: Owen Davis The stock market crash was a horrid economic crash that led to the Great Depression. Billions of dollars were lost in this horrific event. It occurred on Black Thursday‚ Black Friday‚ Black Monday‚ and Black Tuesday. Black Tuesday was the huge peak of the crash. The stock market was dropping because of various economic failures‚ so everyone wanted to get their money. It lasted from October 24‚ 1929 to 1939. Investors traded approximately 16 million shares
Premium Great Depression Wall Street Crash of 1929 Unemployment
The main point on this video is what factors contributed to the stock market crash to start the Great Depression in the 1930s. Because there was no regulation or government involvement in the stock markets at the time‚ corruption ran ramped. In the 1920s and 30s it was not considered corruption because there no laws against insider trading as there are today. The stock markets were manipulated to drive the cost of shares and stock up through the illusion that the market was strong and everyone was
Premium Wall Street Crash of 1929 Stock market Great Depression
12-20-12 Crash Stereotypes The movie Crash is a film that begs audiences to question all the discrimination and all the wrongs that occur and are often unseen by the general public. Crash tells joining stories of whites‚ blacks‚ Latinos‚ Asian‚ Iraqis‚ cops and criminals‚ the rich and the poor‚ all defined in one way or another by racism. The plot revolves around the city of Los Angeles‚ a city surrounded by violence and fear. The issue of racial stereotyping is highlighted in Crash when characters
Free Race Racism Stereotype
1929 and 1987‚ new trading techniques emerged that would have dire consequences for the market yet were left almost completely unregulated. While the specific trading techniques varied between the two crashes‚ both ended with the same result. For the crash in 1929‚ the trading technique in question took the form of buying on margin. Buying on margin allowed people to pay a portion of the stock value up front while the rest was paid through credit and broker loans. Buying on credit became such an important
Premium Stock market Wall Street Crash of 1929 Stock
In 1929‚ the stock market crashed and millions lost their homes and jobs. This is important because it is apart of our American history. The Stock Market Crash of 1929 was the biggest crisis to happen in America because it lead to the begging of the Great Depression and countless numbers of homeless and jobless people. In the twentieth century‚ most of the tools to produce things of value out of raw materials‚ in the United States‚ was represented by stocks. A corporation owned this stock. Ownership
Premium Wall Street Crash of 1929 Stock market Great Depression
In 1929‚ the stock market crashed and people suffered. Everyone was affected by the crash and everyone said that they would never allow such a thing to happen ever again‚ but history repeated itself in the year 2008… The 1929 Stock Market crash started to brew at the start of the decade when people were buying a lot of stocks. Soon the stocks became overpriced for whatever the company was worth when the stock market was working turning at a high‚ Dow average of around 498. This was forming
Premium Wall Street Crash of 1929 Stock market Great Depression