The Great Depression And The Stock Market Crash Of 1929

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In 1929 the stock market crash. The stock market crash had a great impact in the economic. In this time blacks didn’t have as many freedoms. The whites were more powerful and had a better chance to get a job. Yet most of them were still poor. When the great depression happen the history website says “13 to 15 million americans were unemployed and nearly half of the country’s banks had failed.” The african americans were hit the worse. In the north blacks were fired to give jobs to the whites. U.S history say that “millions of families lost their savings as numerous of banks collapsed.” When the stock market crashed was on october 29, 1929 black tuesday. Investors trade 15 millions shares in a single day.

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