Stock Market Crash

At a glance:

Article abstract: A cyclical economic downturn, exacerbated by tariffs and federal controls, marks the beginning of the Great Depression.

Summary of Event

During the 1920’s, increasing numbers of people in the United States started to invest in the growing economic prosperity of the nation as reflected in the securities market. A combination of new technology (automobiles, electricity, and radios, for example), lower levels of taxation, and generally rising incomes led to the decade known as the Roaring Twenties. At the same time, pioneer securities...

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