02:30
Hard Times: Depression's Effect on Banking and Industry, The
Although relatively few people are invested in the market, the 1929 stock market crash destabilizes other areas of the economy, particularly the banking system. Hoover encourages development of the National Credit Corporation to help rescue banks in...
02:17
Between the Wars: Impact of the Depression on International Relations
European nations are suffering from devastation and debt after World War I. Countries maintain their debts payments to the United States as long as Germany pays reparations. The stock market crash in U. S. triggers crises in other countries. The ina...