11 oct. 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 declineAjouté au bande de temps:
Date:
11 oct. 1929
Maintenaint
~ Il y a 96 ans