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But on October 29, 1929, "Black Tuesday", the stock market took a huge fall. More than 16 million shares changed hands in frantic trading. Investors soon realized they were heavily in debt so they started to sell their stocks, which led to others doing the same.
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How did the United States go from the "roaring twenties" to The Great Depression? It was all based on deflation and the crash of the economy. A good example of uneven distribution of wealth was Henry Ford's yearly income of $14 billion the same year that the average income was $750. Another contributor to the uneven distribution was the government...
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