Learn what triggered the infamous Black Tuesday on October 29, 1929, its pivotal role in the onset of the Great Depression, and its long-lasting economic implications.
Dive deep into the Smoot-Hawley Tariff Act of 1930, its impact on the Great Depression, and why it’s considered one of the worst economic decisions in U.S. history.
Explore the impact of the Emergency Banking Act of 1933, which helped stabilize the U.S. banking system during the Great Depression by creating the FDIC and granting new powers to the President.
Explore the formal definition of an economic depression, distinguish it from recessions, and delve into historical examples including the Great Depression.
Explore the fundamentals of Keynesian Economics, developed by John Maynard Keynes during the 1930s, and its emphasis on the role of government intervention in preventing economic slumps and ensuring stability.
A detailed overview of the New Deal – Roosevelt's comprehensive approach during the 1930s to combat the Great Depression with legislative and economic reforms.
Explore the Great Depression’s tumultuous journey from the 1929 stock market crash to its worldwide economic impact, incorporating detailed causes and key historical takeaways.