Great Depression Revisited

The fateful days of the great stock market crash entered modem history almost 50 years ago to this day. The cyclic turning point of the U. S. economy oc­ curred, however, around June 1929, and economic activity receded substantial­ ly over the subsequent months. The onset of an economic downswing thus became clearly visible before the famous crash. But the October event stays in the public''s mind...