The triggering event that led to the Wall Street stock market crash in October 1929 was the result of a steady decline in production, prices and income over the period of three months. Anxiety gave rise to panic thus resulting to the crash.  The stock market crash affected various countries and the effects were intense.  The depression affected greatly the United States because of the […]

Business key terms Business: an active that requires the organization of resources to achieve a reward, whilst running a risk. Entrepreneur: an Individual with an Idea for a business. Franchise: the legal right to use the name and logo of an existing firm and sell the same products/services. Franchiser- the person selling it, for example, McDonald’s. Franchisee- the person buying it, for example sad’s. Social […]

Over the past few years, many millionaires have been created due to the economical explosion of the stock market. The market isn”t just growing, as it did in the mid to late seventies; but it is on steroids, and is growing like never before. Backed by the relentless, yet sometimes spasmodic, growth of the NASDAQ Composite, Wall Street”s impact on the future cannot be denied. […]