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How Did Black Tuesday Cause The Great Depression Of The 1930s

How Did Black Tuesday Cause The Great Depression Of The 1930s

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The Great Depression in 1929 was the longest financial downfall in history, this downfall tested the leadership of Herbert Hoover and Franklin Delano Roosevelt and changed the lives of everyday Americans. The Great Depression of the 1930s was a worldwide phenomenon, composed of an infinite number of separate but related events. People believe that Black Tuesday was the only cause of the Great Depression but the crash did open the door to national economic issues. During the Depression there were two presidents; Hoover and Roosevelt. Hoover was the 31st president and was in office March 4, 1929-1933. During his time in office “Hoover believed that government should not directly intervene in the economy and that the government did not have

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