Before the 1929 stock market crash, people lived normal lives, had regular amounts of income, and most were employed and happy. But one cold October morning, forevermore referred to as “Black Tuesday”, things took a turn for the worst. Due to irresponsibility and dumb trust in the stock market, it crashed that day, making all the banks close their doors. As a result, people lose their jobs, get little to no income, a lower quality of living, and an atmosphere of sadness. This is the beginning of The Great Depression, a period of time that will forever go down in history. Many variables led to the Great Depression, and the effects were devastating.
The poor investments made by Americans were a large factor in causing the Great Depression.
The poor investments made by Americans were a large factor in causing the Great Depression.