How did the 1920s lead to the Great Depression in the US?

It was one of the greatest paradoxes at the time that the most prosperous era of the time (the 1920s) was followed immediately by the biggest depression of American history. read more

The 1920’s could be described as economic boom gone bust. The early 1900’s began with an advancing industrial revolution and ended with the Stock Market Crash of 1929. The trigger that caused the great depression began with the boom in sales of stocks in a bull market. read more

Overall, however, prices continued to drop as the United States slumped into the Great Depression, and by 1932 stocks were worth only about 20 percent of their value in the summer of 1929. The stock market crash of 1929 was not the sole cause of the Great Depression, but it did act to accelerate the global economic collapse of which it was also a symptom. read more