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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:

5 Oct 2017
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Date:

jan 1, 1929
Now
~ 96 years ago

Images: