Published by: wepr (Karma: 22375.35) on 5 June 2013 | Views: 2067
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Reading Level: Grades 9 and up
On October 29, 1929, better known as Black Tuesday, the stock market crashed, abruptly ending a decade of prosperity and catapulting the United States into the Great Depression, arguably the worst economic crisis the country has ever experienced. During the years that followed, until U.S. entry into World War II in 1941, unemployment was at an all-time high, hundreds of banks foreclosed, and a sense of hopelessness pervaded the nation. It was only when America was drawn into the war that the United States finally emerged from the Great Depression.
