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（来源：农产品分析师）A Brief History of the?Great DepressionThe 1920s in the U.S. became known as the?Roaring '20s, largely because of a booming economy that sent stock prices soaring and doubled the nation's total wealth from?1920?to?1929.Unfortunately, stock market euphoria led to rampant market speculation and a stock market bubble that violently burst in October 1929.On Monday,?October 28, 1929, the?Dow Jones Industrial Averagedropped?12.8%?in a single day.The following day, the sell-off continued with another?11.7%?loss.The two infamous days on Wall Street are often called?Black Mondayand?Black Tuesday.Unemployment started to rise, and the uneasy economic climate in the U.S. at the time triggered the first of several waves of banking panics in 1930.Bank customers became concerned about bank solvency, so they began withdrawing cash from their bank accounts, draining bank liquidity and forcing banks to liquidate loans.?Between 1930 and 1933, about 9,000 U.S. banks failed. .appendQr_wrap{border:1px solid #E6E6E6;padding:8px;} .appendQr_normal{float:left;} .appendQr_normal img{width:100px;} .appendQr_normal_txt{float:left;font-size:20px;line-height:100px;padding-left:20px;color:#333;} 海量资讯、精准解读，尽在新浪财经APP