The Crash of 1929


Tonite on PBS, an hour long documentary on the Crash of 1929, from 9:00 to 10:00pm EST:

In 1929, while the stock market was rising, seemingly without limits, there were few critics. Based on eight years of continued prosperity, presidents and economists alike confidently predicted that America would soon enter a time when there would be no more poverty, no more depressions — a “New Era” when everyone could be rich.

The Crash of 1929 captures the unbounded optimism of the age and the shocking consequences when reality finally hit, exploring a fateful year through the words and experiences of the descendants of several titans of finance.

Full program transcript here

1929 Newspaper Headlines

For a perspective with the current economic crisis, view the “World History Timeline” for October 24, 1929 called “Black Thursday” which was the start of stock market crash of 1929 and the Dow Jones was down 12.8% in one day. Then, another big drop of 13% on October 28, 1929 on “Black Monday”. Finally, the last big decrease on stock prices happened on “Black Tuesday”.


See also:
Wall Street Crash and the Depression

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