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Can the government control a stock market crash?

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Can the government control a stock market crash?

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In 1929, a stock market crash caused the Dow Jones index — one of the main indices used to evaluate the health of the American economy — to lose nearly 12 percent of its value in one day [source: New York Times]. From Black Tuesday, Oct. 29, 1929, to Nov. 13, 1929, $30 billion simply vanished from the United States economy due to falling stock prices [source: University of Wisconsin]. Recession Image Gallery Stock prices are based on the perceived value of the company or investment they represent. Much of the Ame

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