Stock market crash
1929
During the summer, consumers spending dropped and there were unsold goods. 12.9 million shares were traded on October 24, which they called black Thursday. Five days later 16 million shares were traded from after a panic from wall street called black Tuesday. This did not work and the people that did that were bankrupt from stock market. Stock market crash went to Europe too.
Great Depression
1929-1941
This was the most devastating and longest economic down turn in the western industrialized world, 13 to 15 million Americans were unemployed, after world war 2 industrial companies raised and unemployment decreased.
1929
During the summer, consumers spending dropped and there were unsold goods. 12.9 million shares were traded on October 24, which they called black Thursday. Five days later 16 million shares were traded from after a panic from wall street called black Tuesday. This did not work and the people that did that were bankrupt from stock market. Stock market crash went to Europe too.
Great Depression
1929-1941
This was the most devastating and longest economic down turn in the western industrialized world, 13 to 15 million Americans were unemployed, after world war 2 industrial companies raised and unemployment decreased.