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Black Tuesday And The Great Depression

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Black Tuesday And The Great Depression
The Great Depression was a terrible stock market crash known as Black Tuesday. This occurred on the day of October 29, 1929. On Black Thursday stocks dropped 11% and regained 2%. But then on Black Tuesday it dropped another 11% which caused everyone to be scared. The stock market crash was the main reason of America's great depression. There was also the Dust Bowl which was the major drought that mainly affected the states of Texas and Oklahoma. It also touched the adjacent sections of New Mexico, Colorado, and Kansas. Many farmers could not pay their taxes and had to sell their farms for no profit/gain for themselves. There was also all the bank failures that caused many people to lose their savings. These 3 main things caused about 15 million
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