Crash! A New Money Crisis: a Children’s Guide to Money
Gloucester Press (1989)
This series of children’s books is specifically designed to discuss the most important issues on Earth today.
On Monday 19 October 1987, the value of share prices on the New York Stock Exchange in Wall Street fell by a record amount: a staggering 22.6 per cent of the value of the exchange was wiped out in just one day’s trading. The day was dubbed Black Monday and triggered a chain of events that shook all the world’s major stock markets.
It looks at how the world’s money system is organised and why people fear the ‘knock-on effects’ of financial uncertainty on a country’s currency, interest rates and trade.