The Stock Market Crash of 1929 did not cause the Great Depression but was an indicator of the underlying economic problems that went unnoticed or ignored during the 1920s. There was no governmental...
In short: Black Tuesday, October 29, 1929 is one of the main reasons why it crashed along with bank failures over 9000+ banks; Along with the reduction of purchasing across the spectrum of purchasing...
The Stock Market Crash of 1929 did not cause the Depression, it was the signal that there had been fundamental weaknesses in the economy and uneducated mania in the speculation of stocks. The Crash...