October 31, 1929 - Many stock market investors lose everything they own as the stock market collapses in the Crash. Families panic and try to withdraw their money from banks. As banks run out of cash they shut their doors. Bad loans and business conditions force many companies to close. There is no work for millions of Americans. The Great Depression has begun.
Exhibit & Section:
Node Order:
20
Event Date Field:
Tuesday, January 1, 1929