The great depression in 1929 is widely accredited to have been started by the Wall street crash, the drastic and fast fall in stock prices on the US stock market.
The stock market crash of 1929 ;
The stock market crash in October 1929 is widely recognized as the starting point of the Great Depression. This event, marked by a dramatic decline in stock prices, led to severe economic decline and widespread unemployment. However, it was not the sole cause, as various economic vulnerabilities also contributed to the deep crisis.
;