We have had similar reductions in stock prices to those in 1929 before and after the Great Depression.  What historical events took place that directly led to the prolonged depressed conditions like those of the 1930s?

Microeconomics: Private and Public Choice (MindTap Course List)
16th Edition
ISBN:9781305506893
Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
ChapterST6: Lessons From The Great Depression
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 We have had similar reductions in stock prices to those in 1929 before and after the Great Depression.  What historical events took place that directly led to the prolonged depressed conditions like those of the 1930s?

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