Which event is often cited as the beginning of the Great Depression?

Which event is often cited as the beginning of the Great Depression?

• A. Dust Bowl
• B. Neutrality Acts
• C. Stock Market Crash
• D. New Deal

Answer: (C)

The event that marks the start of the Great Depression is the stock market crash of 1929, especially the dramatic drop on Black Tuesday. That crash shattered confidence and set off a chain of bank failures, plunging many into bankruptcy, cutting spending and investment, and sending unemployment spiraling. The Dust Bowl later worsened hardships, and the Neutrality Acts and the New Deal came in the following years as responses to the crisis, not as its onset. The crash is used to identify the beginning because it symbolizes the abrupt economic shock that ends the prosperity of the 1920s and ushers in the prolonged downturn.

The event that marks the start of the Great Depression is the stock market crash of 1929, especially the dramatic drop on Black Tuesday. That crash shattered confidence and set off a chain of bank failures, plunging many into bankruptcy, cutting spending and investment, and sending unemployment spiraling. The Dust Bowl later worsened hardships, and the Neutrality Acts and the New Deal came in the following years as responses to the crisis, not as its onset. The crash is used to identify the beginning because it symbolizes the abrupt economic shock that ends the prosperity of the 1920s and ushers in the prolonged downturn.