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April 1, 2024
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oct 29, 1929 - Stock Market Crashes

Description:

Everyone sells their stocks and withdraws their money from the banks, causing the banks to also crash. Hoover responds by going on the radio and giving a speech about how the fundamental business idea is sound & that the economy will recover if we give it time.

Added to timeline:

9 May 2019

Date:

oct 29, 1929
Now
~ 94 years ago