Black Tuesday October 22 1929: Stock Market Crash
Caused by the unmonitored spending and investing of the world
Caused a complete crash of the world economy
Jobs were destroyed and banks had lost all their money due to bankruptcy of the banks themselves
American business and industry had been shattered and a staggering amount of people had plummeted below the poverty line
Caused a complete crash of the world economy
Jobs were destroyed and banks had lost all their money due to bankruptcy of the banks themselves
American business and industry had been shattered and a staggering amount of people had plummeted below the poverty line
After nearly a decade of prosperity and wealth, the United States had the largest rescission in its history. Many cases of suicide were reported this day and nearly all of America had lost their jobs. It seemed to be the end of America and the American Dream.