The Great Depression of the early 1930s did not start with the shock market crash of 1929.



The Great Depression of the early 1930s did not start with the shock market crash of 1929.

The Great Depression is the period of history that trails "Black Thursday", the stock market crash of Thursday, October 24, 1929. The events in the United States prompted a world-wide depression, which led to deflation and a great increase in unemployment. Many economists argue that the Great Depression was both caused and prolonged by government action not because of shock market crash of 1929. After the stock market ...