Ep 8. The Crash of 1929

In American Experience season 3 episode 8 titled "The Crash of 1929," viewers are taken back to the year 1929, just before the stock market crash that plunged America into the Great Depression. This episode delves deep into the events leading up to the crash, giving viewers insight into the economic, social, and political forces that contributed to the collapse of the stock market and the subsequent financial crisis.

Through interviews with historians and experts, as well as archival footage and photographs, "The Crash of 1929" examines the years leading up to the crash, in which America was experiencing unprecedented economic growth fueled by abundant credit and speculation. However, this growth was built on shaky foundations, with overproduction of goods, inequality, and a lack of regulation contributing to an unsustainable bubble.

The episode also explores the actions of key players during the crash, including Wall Street bankers, politicians, and everyday Americans. The show highlights the human stories behind the numbers and charts, showing how ordinary people were affected by the crisis. Viewers will see the impact of the crash on individual lives, including the devastating consequences for many families who lost everything in the aftermath.

"The Crash of 1929" also examines the government's response to the crisis, including the policies of President Herbert Hoover, and the passage of the Glass-Steagall Act which aimed to prevent future financial crises by separating commercial and investment banking.

Overall, this episode of American Experience provides a detailed and compelling look at one of the most significant economic events in American history. Through powerful storytelling and expert analysis, viewers will gain a deep understanding of the complexity of the crash and its aftermath, and how the lessons learned during this difficult time continue to resonate today.