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oct 11, 1929 - the stock market crashed and set in motion a chain reaction all over the world. People defaulted on their obligations, credit markets dried up, unemployment went down hill, consumers stopped spending money, protectionism mounted, and the world entered a crisis from which it would not recover until after World War II.

Description:

it was an economic decline

Added to timeline:

21 Mar 2023
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Date:

oct 11, 1929
Now
~ 96 years ago

Images: