Events with tag - Financial Collapse

October 29, 1929

The Great Depression Peak Unemployment

The Great Depression reached its devastating peak in 1933 with an unprecedented 24.9% unemployment rate, leaving 15 million Americans jobless in the worst economic crisis of modern history.

October 29, 1929

Great Depression Begins

The Great Depression began with Black Tuesday on October 29, 1929, when the stock market crashed, leading to the most severe economic downturn in modern history. The crisis spread globally, causing widespread unemployment, mass poverty, and profound social changes that would reshape society for decades.