Catalina Espinosa
Research expert covering society, economy, and politics for Europe and the EU
The Wall Street Crash of 1929 - Statistics & Facts
The Wall Street Crash of October 1929 saw the collapse of the U.S. stock market and marked the beginning of the largest economic crisis in the history of the United States. Within a year of the crash, an economic depression had spread across the country, which lasted until the Second World War. Although the Wall Street Crash of 1929 is often cited as the cause of the Great Depression, most now view it as the first major event in a depression that had become increasingly inevitable with time.
