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Towards WWII: Stock Market Crash

Black Tuesday: Definition, Cause, Kickoff to Depression

Source: The Balance

The Roaring 20s came to a grinding halt with the stock market crash of 1929, sometimes called Black Tuesday. This crash ultimately led to the Great Depression, a huge economic crisis that dominated life in the 1930s and contributed to the start of World War II. Read through the resources below to learn more about the stock market crash.

A Wall Street speculator tries to sell his car after losing all of his money in the stock market crash.

1929-New York, NY: Run on Clark Brothers Bank at Nassau and Clark Streets.

The front page of the Brooklyn Daily Eagle newspaper with the headline 'Wall St. In Panic As Stocks Crash', published on the day of the initial Wall Street Crash of 'Black Thursday', 24th October 1929.

For many American farmers, the Great Depression began with the steep drop in farm product prices after World War One. Many farmers who had taken out mortgages to buy more farmland during the war lost their investments when they could not earn enough money on postwar profits to continue their mortgage payments. During the 1920s, farmers watched as more Americans than ever before took loans to invest in the stock market, dreaming of quick wealth.

Collected commentary on the 1929 stock market crash, 1928-1938

This collection of commentary looks at attitudes at the time to the stock market, the crash and the impact of the crash.