Brighton Beach Memoirs
The Great Depression
The book was set during the Great Depression
The Great Depression was from (1929-1939)The Great Depression started when the stock market crashed in October 1929.Over the next several years, consumers spending and investments dropped, Causing steep declines in industrial output and rising levels of unemployment, failing companies laid off workers. By 1933 over 15 million Americans were unemployed.On October 24,1929, the stock markets bubble finally burst. As investors began dumping shares en masse. A record 12.9 million shares were traded that day, known as “Black Thursday.” Five days later, on “Black Tuesday” 16 million shares were traded after another wave of panic swept Wall Street.