Great Depression and the New Deal
Causes and Effects of the Depression 1929-1933
The Wall Street Crash, began in late October 1929 and was the most devastating stock market crash in the history of the U.S. when taking into consideration the full extent and duration of its fallout. The crash signaled the beginning of the 10-year Great Depression that affected all Western industrialized countries. The crash was a result of overproduction of goods, unequal distribution of wealth, credit and the stock market and the Tariff Policy.
The effects of the Wall Street Crash were starved people, businesses became bankrupt and unemployment rose.