The Great Depression that could have been easily avoided and could have never occurred. However the factors that led to the ultimate Great Depression was the stock market crash of 1929, the failure of national banks, and weather conditions. After the traumatizing Great Depression, people started losing faith in the Nation, and the national banks, causing the Depression to progress further. October 29, 1929, famously known as Black Tuesday the stock market crashed. In only two months’ time stock holders lost over forty billion dollars. Although in the 1930’s the market showed slight signs of improvement it was not enough to cover the massive lost from Black Tuesday. After the crash a fear rippled through all genders and class of citizens.
