jan 1, 1929 - Stock market crash
Description:
As a result of low wages, large bank loans, and proliferating debt, sudden trade of a battery of stocks at the same time lead to stock prizes collapsed, causing investors to loose billions of dollars. Consequently, America fell into the deepest and longest-lasting economic downturn in the history of the Western industrialized, AKA the Great Depression.Added to timeline:
Date:
jan 1, 1929
Now
~ 95 years ago
