Faith HudsonMrs. KimmichEnglish 11December 17, 2013Rough DraftInstant Gratification. Self-indulgence. What do these two words have in common? These are all major aspects of why the stock market crashed in 1920 and again in 2008. The 1920s are best known because of the Great Depression. But in 2008 there was also a stock market crash, known as the subprime crash, as well as the housing market itself which itself fell a bit. I bet you didn't even hear that, and if you did, it probably wasn't much. These two major markets are the result of the company's reckless spending habits. The self-indulgence of the 1920s and the Great Depression so affected the instant gratification of the two thousand that it caused a relapse in history, causing the stock market crash of two thousand and eight. The stock market is where you buy or sell stocks. in a company. A stock market crash occurs when stocks experience a sharp decline in the DOW (Dow Jones Stock Average). In the 1920s, the DOW reached an all-time low with a decline of ninety percent. The reason the stock fell was because twelve point nine million dollars worth of stock was sold in a single day. That's three times the amount sold on any other normal day. Over the next few days, stock prices fell twenty-three percent. With Americans spending money irregularly on all of these actions, it was actually sending America into a downward spiral. Americans started buying stocks because they were starting to make more money and living the "American Dream" and owning stocks was part of that dream. While everyone was spending their money on stocks, furniture, homes and vehicles, no one... middle of paper ......t reasons like the crash of 1929. Stocks overvalued. And how to overcome valued actions? Buy the majority of people who spend their money on these corrupt actions. These people all hope to make more and more money from this. Everyone is looking for an easy way to make money because Americans need instant gratification. They want money now so they can have fun. The way people in our society spend their money is obviously causing history to repeat itself with the stock market collapse. If no one really solved the problem the first time in 1929, it will happen again in 2008. And if we don't solve it soon, it will happen again in the future. In conclusion, the complacency of the 1920s affected Americans so much that it affected Americans' instant gratification in the 2000s, to cause a relapse in history..