The Great Depression: How the USA Went from Hyper-Growth to Financial Collapse | The Gaze
Journey back to the roaring 1920s, a time of unprecedented prosperity in the United States, driven by the booming automotive industry, construction, and rampant consumerism. Ford churned out 9,000 Model T cars daily, while the construction industry's value soared to $5 billion. Behind this façade of prosperity, a crisis brewed. When signs of overproduction emerged, stock markets kept pushing share values higher, particularly in technology and innovation sectors. Investors poured money into companies with no dividend history, hoping for continuous growth.