
The Great Depression of 1929 | Deepest Recession - why it started & how long lasted | Groww Digest
Published at : November 17, 2021
The Deepest Recession - why it started & how long lasted - Groww Digest 7th Nov
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On Oct 24, 1929, the US stock markets fell 11% in one single day.
Matters eased the next day.
But soon, much bigger falls occurred.
From the peak reached on Oct 24, 1929, which came to be known as Black Thursday, the markets eventually went on the fall 90%.
A recession - sure.
It was a recession so deep, nobody in modern history had seen anything like it before - or has ever since.
This was worse than the pandemic-induced crisis we saw in 2020; worse than the Great Recession of 2008, worse than the Dotcom bubble of 2000; worse than anything before that too.
This was the Great Depression.
Read the full edition here: https://groww.in/digest/weekly
00:00 Introduction
04:20 Reasons behind Great Depression
05:37 Recovery
07:29 Conclusion
Recommended watch:
π Thrive by Groww: https://www.youtube.com/playlist?list=PLEpfe0kiOwWoEJGgp1RMk9oVV8_laUURt
π Groww Masterclass: https://www.youtube.com/playlist?list=PLEpfe0kiOwWrep90atuqs9Yx807mkhFrJ
π Groww Originals: https://www.youtube.com/playlist?list=PLEpfe0kiOwWpAqEIk6TcWyTQx9H9iPeWr
π Mutual Funds for Beginners: https://www.youtube.com/playlist?list=PLEpfe0kiOwWpn27uaQLHWPT-M8GXKwUQy
π Stock Market for Beginners: https://www.youtube.com/playlist?list=PLEpfe0kiOwWpz9BE3i7EKGkOHsNlZTTrz
π Personal Finance for Beginners: https://www.youtube.com/playlist?list=PLEpfe0kiOwWqpDe_SgcSFhU07DjG26nh3
π Groww reads - Book Review: https://www.youtube.com/playlist?list=PLEpfe0kiOwWrjOct-zFro-5QFzCKoNaPv
π Stocks Fundamental Analysis Series: https://www.youtube.com/playlist?list=PLEpfe0kiOwWrXnxCtZ_gNIHJvTk9Hu9WQ
π Top Stocks - Detailed Industry Analysis: https://www.youtube.com/playlist?list=PLEpfe0kiOwWqFhSYnn1p8qBMxGOXOJPr2
π IPO Review: https://www.youtube.com/playlist?list=PLEpfe0kiOwWrjL9kwUTxtZsAfuyDWC5R0
π Viral Reacts: https://www.youtube.com/playlist?list=PLEpfe0kiOwWqWcteDPi8ji7fQ-Cu47Cid
To watch the best videos on investing,
Subscribe to Groww Channel π http://bit.ly/2rjkBHu and hit the π to watch our videos first.
We also have a Kannada, Tamil, Telugu, Malayalam and a Mutual fund channel
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π Groww Tamil - https://bit.ly/3cbhN3Z
π Groww Telugu - https://bit.ly/39aLpwC
π Groww Malayalam https://bit.ly/3enG2LV
π Groww Mutual Fund - https://bit.ly/3zQpR32
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#greatdepression1929 #recession
Disclaimer: These are not any recommendations for any funds or stocks and are meant only for educational purposes.
Subscribe to Groww Digest: https://trygroww.typeform.com/to/bEhBLjk7
If you already have an account on Groww, check your email. We send Groww Digest to all Groww users already.
Feedback for Groww Digest: https://trygroww.typeform.com/to/EYoebeWX
On Oct 24, 1929, the US stock markets fell 11% in one single day.
Matters eased the next day.
But soon, much bigger falls occurred.
From the peak reached on Oct 24, 1929, which came to be known as Black Thursday, the markets eventually went on the fall 90%.
A recession - sure.
It was a recession so deep, nobody in modern history had seen anything like it before - or has ever since.
This was worse than the pandemic-induced crisis we saw in 2020; worse than the Great Recession of 2008, worse than the Dotcom bubble of 2000; worse than anything before that too.
This was the Great Depression.
Read the full edition here: https://groww.in/digest/weekly
00:00 Introduction
04:20 Reasons behind Great Depression
05:37 Recovery
07:29 Conclusion
Recommended watch:
π Thrive by Groww: https://www.youtube.com/playlist?list=PLEpfe0kiOwWoEJGgp1RMk9oVV8_laUURt
π Groww Masterclass: https://www.youtube.com/playlist?list=PLEpfe0kiOwWrep90atuqs9Yx807mkhFrJ
π Groww Originals: https://www.youtube.com/playlist?list=PLEpfe0kiOwWpAqEIk6TcWyTQx9H9iPeWr
π Mutual Funds for Beginners: https://www.youtube.com/playlist?list=PLEpfe0kiOwWpn27uaQLHWPT-M8GXKwUQy
π Stock Market for Beginners: https://www.youtube.com/playlist?list=PLEpfe0kiOwWpz9BE3i7EKGkOHsNlZTTrz
π Personal Finance for Beginners: https://www.youtube.com/playlist?list=PLEpfe0kiOwWqpDe_SgcSFhU07DjG26nh3
π Groww reads - Book Review: https://www.youtube.com/playlist?list=PLEpfe0kiOwWrjOct-zFro-5QFzCKoNaPv
π Stocks Fundamental Analysis Series: https://www.youtube.com/playlist?list=PLEpfe0kiOwWrXnxCtZ_gNIHJvTk9Hu9WQ
π Top Stocks - Detailed Industry Analysis: https://www.youtube.com/playlist?list=PLEpfe0kiOwWqFhSYnn1p8qBMxGOXOJPr2
π IPO Review: https://www.youtube.com/playlist?list=PLEpfe0kiOwWrjL9kwUTxtZsAfuyDWC5R0
π Viral Reacts: https://www.youtube.com/playlist?list=PLEpfe0kiOwWqWcteDPi8ji7fQ-Cu47Cid
To watch the best videos on investing,
Subscribe to Groww Channel π http://bit.ly/2rjkBHu and hit the π to watch our videos first.
We also have a Kannada, Tamil, Telugu, Malayalam and a Mutual fund channel
π Groww Kannada - https://bit.ly/3ekyeKP
π Groww Tamil - https://bit.ly/3cbhN3Z
π Groww Telugu - https://bit.ly/39aLpwC
π Groww Malayalam https://bit.ly/3enG2LV
π Groww Mutual Fund - https://bit.ly/3zQpR32
Useful Links:
To know more about Groww,
Visit: https://groww.in/
Download Groww Appπ±
https://groww.app.link/HY3iy0TsUS
Follow us on:
Facebook: https://www.facebook.com/growwapp/
Twitter: https://twitter.com/_groww
Instagram: https://www.instagram.com/groww_official
LinkedIn: https://in.linkedin.com/company/groww.in
Telegram: https://t.me/GrowwHQ
#greatdepression1929 #recession
Disclaimer: These are not any recommendations for any funds or stocks and are meant only for educational purposes.

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