The Great Depression
Edward Jackson personally covered “Black Thursday,” October 24, 1929 when Wall Street experienced the beginnings of the famed stock market crash leading to the infamous “Black Tuesday” on October 29, 1929 – the beginnings of the Great Depression. Jackson’s camera captured much of this tragedy over the next ten years. The worst and longest economic collapse in history, the depression spread to most of the world’s industrialized countries like a firestorm. Businesses and banks closed their doors. Millions of jobs were lost, leaving many without homes, savings or even food. Jackson documented on film, this national tragedy.
Read more about this topic: Edward Jackson (photographer)
Famous quotes containing the word depression:
“The chief lesson of the Depression should never be forgotten. Even our liberty-loving American people will sacrifice their freedom and their democratic principles if their security and their very lives are threatened by another breakdown of our free enterprise system. We can no more afford another general depression than we can afford another total war, if democracy is to survive.”
—Agnes E. Meyer (1887–1970)