Art and Technology - Assignment 3 & 4

Assignment 3: What is the origin of jazz music. -post link -importance?








Assignment 4: What was the famous stock market crash of 1929? 2008? -difference?

The famous stock market crash of 1929 was on Black Thursday, October 28-29, when the Dow Jones Industrial lost 50% during the crash. Throughout the 20s stocks were skyrocketing and people were making large investments. But overnight in 1929 people who invested everything they had, lost everything they had and unemployment went higher. The economy weakened and it was the beginning of the Great Depression.

http://www.angelfire.com/co/pscst/stock.html

Within a week in October of 2008 the Dow Jones Industrial went through what would be the stock market crash of 2008.

This table will show the decline of the 

Dow Jones Industrial Average from October 1 - October 10, 2008.

Date	DJIA Close	Point Change	% Change
October 1, 2008	10,831.07	-19.59	-0.18%
October 2, 2008	10,482.85	-348.22	-3.22%
October 3, 2008	10,325.38	-157.47	-1.50%
October 6, 2008	9,955.50	-369.88	-3.58%
October 7, 2008	9,447.11	-508.39	-5.11%
October 8, 2008	9,258.10	-189.01	-2.00%
October 9, 2008	8,579.19	-678.91	-7.33%
October 10, 2008	8,451.19	-128.00	-1.49%

Information provided by: http://www.money-zine.com/Investing/Stocks/Stock-Market-Crash-of-2008/

The difference between the 1929 stock market crash and 2008 is that 1929 began with a fast rise but then had an over-the-night crash. 2008, however, happened over a week period and then at the end of the month a second decline began. Along with the Dow Jones Industrial, S&P 500 and the Nasdaq Composite also fell.