Nine thousand banks failed during the months following the stock market crash of 1929. It is far too simplistic to view the stock market crash as the single cause of the Great Depression. A healthy economy can recover from such a contraction. ... Such wealth concentrated in the hands of a few limitseconomic growth.
The economic crisis period of low business activity in the U.S. and other countries, roughly beginning with the stock market crash in 1929 and continuing through most of the 1930s.
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Nine thousand banks failed during the months following the stock market crash of 1929. It is far too simplistic to view the stock market crash as the single cause of the Great Depression. A healthy economy can recover from such a contraction. ... Such wealth concentrated in the hands of a few limitseconomic growth.
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Answer:
The economic crisis period of low business activity in the U.S. and other countries, roughly beginning with the stock market crash in 1929 and continuing through most of the 1930s.