There were many factors which lead to the collapse of the stock market on Black Tuesday, October 29, 1929, what most people called the Great Depression. ... Though the stock market collapse did not cause the Great Depression by itself, it was a major factor. Other economic factors creating the Great Depressions were an over- dependence on mass production which required mass consumer spending, an unequal distribution of wealth which created an unstable economy, and extensive stock market speculation in the late 1920's. ... Farmers were the first victims of the great depression becaus...

• Word Count: 1658
• Approx Pages: 7
• Grade Level: Undergraduate

The year is 1929. ... On October 29, 1929 the United States stock market crashed and rocked the country's economy so violently that it didn't start to recover until 1933. ... In late 2006 and 2007, the greatest financial crisis the world has seen since the Great Depression became a reality and given its eerie similarities this time period is even now being called the "Great Recession."" ... One cannot expect the country to come out of the deepest financial meltdown since the Great Depression on its own. The country did not fully recover from the Great Depression until World War II, a...

• Word Count: 1700
• Approx Pages: 7
• Has Bibliography
• Grade Level: High School