21 oct. 1929 - Wall Street Crash of 1929

Description:

This one event would be the spark to the Great Depression in the United States and the rest of the world. Many nations suffered in the Americas, but Germany had it extremely bad. Their currency already was practically worthless as inflation rotted their economy, and this would lead to the rise of Hitler, the Nazi Party, and all of the aggression and hatred towards the former Allies of WWI who enacted the Treaty of Versailles that severely harmed the German Economy. This also set the U.S. into a depression which meant it needed resources, unity, and centralization. The depression lead to WWII, and it would be a reason for aggression that would bring the U.S. into WWII.

Involved: The World

Outcomes: A Depression which Brought Authoritarian rule in Germany and Italy, and a Crisis which Gave Reason for Invasion in the Future