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At the same time, the overall price level dropped by about one-third. Since the Great Depression happened after the 1929 stock market crash, many people blamed it for the economic collapse. Some held President Hoover responsible; others targeted the brokers, bankers, and businessmen. After this terrible crash we were able to slowly recover and learn from what has happened on Black Thursday...
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Since the Great Depression happened after the 1929 stock market crash, many people blamed it for the economic collapse. Some held President Hoover responsible; others targeted the brokers, bankers, and businessmen. After this terrible crash we were able to slowly recover and learn from what has happened on Black Thursday...
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