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Black Tuesday Research Paper

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Black Tuesday Research Paper
October 29, 1929 is regarded as Black Tuesday. It is the day which changed the history of US. Great Depression is regarded as one of the worst economic depression of the USA. The effects of the depression was felt all over the world and it was also one of the reasons for Second World War. The crash of the stock market was considered as one of the reasons for Great Depression. After the Crash of the stock market followed series of incidents that caused Great Depression. During 1930’s banks failed and people lost their savings. The purchasing power of people came down. Production decreased as a result of decrease in consumer demand and it ultimately affected employment. Production house began to fire the workers. To protect the country and the
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