depressive 80 years
Black Tuesday
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The Wall Street Crash of 1929, also known as the Great Crash, the Stock Market Crash of 1929, was the most devastating stock market crash in the history of the United States, taking into consideration the full extent and duration of its fallout. The initial crash occurred on Thursday, October 24, 1929, but the catastrophic downturn of Monday, October 28 and Tuesday, October 29 precipitated widespread alarm and the onset of an unprecedented and long-lasting economic depression for the United States and the world. This stock market collapse continued for a month. Leading to the phrases: Black Thursday, Black Friday, then Black Monday, and Black Tuesday.
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The Great Depression was a severe worldwide economic depression in the decade preceding World War II. The timing of the Great Depression varied across nations, but in most countries it started in about 1929 and lasted until the late 1930s or early 1940s.[1] It was the longest, most widespread, and deepest depression of the 20th century, and is used in the 21st century as an example of how far the world's economy can decline.
Katherine (to the left of the frame) said in a December 2008 interview that the photo's fame made the family feel shame at their poverty.
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