The historical event that happened on Sunday, October 27,
1929 is called the Crash of 1929. This was the worst financial panic the United
States of America have ever seen. The stockholders were having a meeting to
obtain authorization for a stock split.
Since the development of industrial society, more and more jobs were replaced by simple machinery and it focus the spread of job availability to only several areas in united States.This caused the decreasing rate of wages or even employment within the u.s society, and the economic pressure eventually lead to class violence