the last time the stock market crashed was on 18 august 2015.
the last time the stock market crashed was on 18 august 2015.
when is the last time the stock market crashed?
18 august 2015
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the stock market crashed on black thursday in 1928, and the sport of baseball, along with many other businesses, organizations, and families, were severely hit. the popularity and prosperity of the sport had been jeopardized, as well as the prosperity of the us economy. people were struggling to get by, and purchasing tickets just to watch a sports game seemed unreasonable. because of this ticket sales decreased about 40%. further, the great depression not only impacted ticket sales and the number of fans at games, but it also dramatically impacted the players. while the sport of baseball continued to be played during the 1930s, there were still many athletes that lost their jobs or received pay cuts, including the infamous babe ruth. the repercussions of the great depression were evident in the salaries of american ball players until after world war ii. they dropped about 20% on average, and were not brought back up to their original standards for a number of years after the stock market crashed.
golden age of baseball