EVENT INFORMATION

24
October
1929

Wall Street crash marks the start of a global economic crisis

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📅 24 October 1929 📍 Global, United States

The collapse of US stock prices helped usher in a severe global downturn that intensified unemployment and political instability. In Germany, the crisis later expanded support for extremist parties, including the Nazis, alongside elite decisions and the exploitation of democratic institutions. Economic crisis did not make antisemitism or dictatorship inevitable.

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People in this event

US investors

Herbert Hoover

Organizations in this Event

New York Stock Exchange

US Government