The Crash of 1929 begins by recalling New Years Eve on December 31, 1928. People are celebrating their prosperity and their expectations for an even prosperous future. The year 1929 was to be a year of excessive wealth. Because for eight years, the stock market continued rising. Little did they know, the stock market would crash. This would leave the United States far from prosperous.
In the year 1929, the American economy was changing; it was the beginning of the consumer revolution. There were new inventions and mass productions of things like underarm deodorant, radios, and washing machines. Consumer credit is described as being “one of the greatest inventions “of the time. There was only prosperity to be seen throughout the country and