The Great Depression was a worldwide economic downturn that lasted from 1929 to 1940 in most countries. The U.S. stock market started falling on September 4, 1929 and culminated on Black Tuesday on October 29 when the stock market crashed.
Unemployment rose 607 percent from 1929-1932 in the United States. Investors could buy a $10 stock for only $1 at the time of the stock market crash and when the brokers requested the balance to be paid the investors didn’t have the money to pay the brokers.
The following photos tell the story of the Great Depression better than words could ever say:
