2min chapter

American History Hit cover image

President Herbert Hoover: Did He Cause the Great Depression?

American History Hit

CHAPTER

The Catalyst of the Great Depression: Black Monday Explained

This chapter explores the pivotal events surrounding the 1929 stock market crash, particularly the atmosphere of uncertainty among investors and the Federal Reserve. It emphasizes how the perceived instability of the stock market triggered a drastic decline in its value, setting the stage for the Great Depression.

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