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hat event marked the start of the Great Depression? 2.1) TEKS \( -16(B) \) (1 point) The Dust Bowl The Zimmerman Telegram The banking crisis of 1933 The New Deal implementation The Stock Market Crash of 1929

Ask by Page Hobbs. in the United States
Jan 21,2025

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The Great Depression began with the Stock Market Crash of 1929.

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The Deep Dive

The Stock Market Crash of 1929, often referred to as Black Tuesday, occurred on October 29, 1929, and is widely considered the spark that ignited the Great Depression. Millions of investors lost their life savings overnight as stock prices plummeted, leading to a severe loss of confidence in the economy and resulting in widespread bank failures and business closures. As the Great Depression unfolded, unemployment skyrocketed, and people faced dire economic challenges. This event profoundly changed American society and politics, ultimately leading to significant reforms and programs introduced during the New Deal aimed at economic recovery and social welfare.

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