The trigger that caused the great depression began with the boom in sales of stocks in a bull market.

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It continued for six months into the start of the Hoover Administration in January A decade of overpriced stocks took two years to create the great depression that followed. For two decades, the US enjoyed an unparalleled economic boom as a result of widespread business growth and a general freewheeling attitude.

World War I was over. Stocks continued to spiral upward in price.

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Stock prices hit rock bottom and wild selling history stock market in 1920 boom usa banks with swing trading low priced stocks in reserves to stabilize. The great depression lasted almost ten years.

From boom to bust to depression | Other | History & Theory

Millions of jobs were lost, all debt was called in for payment by banks scrambling to create financial reserves, until banks closed one after during the great depression. Home Contact Imprint Resources.

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