1. Stock Market Crash of 1929
... well into the 1930s. The stock market crash of 1929 was indeed a precursor to the Great Depression that plagued not only America in the decade following the crash, but also the entire world. The effects of the steadily slumping American economy reached around the globe, as loans from America ceased and American exports came to a crawl. Here at home, according to Robert F. Himmelberg, author of The Great Depression and The New Deal, "the downturn of 1929 would become a severe depression, [...] the beginning of a decade-long ... period of economic decline and ... ...
- Word Count: 2009
- Approx Pages: 8
- Grade Level: High School