The Crash of 1929 and the Depression that Followed: Was it Avoidable?

"No one can possibly have lived through the Great Depression without being scared by it. No amount of experience can convince someone who has lived through it that the world is economically safe." - Isaac Asimov
The Great Stock Market Crash of 1929 and the Depression that followed is perhaps one of the most memorable and unforgettable events in the 19th century. The economy began to pick up after World War I. The nation was looking for easy money to compensate for the losses in the war. The stock market became the answer. Best of all, anyone could do it; just borrow money on margin, inves…