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[[File:Dow1925-2009.jpg|300px|thumb|Dow Jones index since 1925, in constant 2009 dollars]]

[[File:Dow1925-2009.jpg|300px|thumb|Dow Jones index since 1925, in constant 2009 dollars]]

Business had topped out mildly, a month before the first crash; a gradual mild decline continued to April 1930, then fell sharply into a [[depression]] simultaneously with the end of the 1930 stock market rally. The business decline halted in December 1930, stayed level for 6 months, then plunged again in steep economic decline that didn’t lose its downward momentum for a full year, until July 1932. Business improved intermittently thereafter but still remained at depression levels through most of the decade of the 1930s except for a short recovery in 1936–37. <ref>Harry Schultz, ''Bear Market Investment Strategies'', Dow Jones-Irwin Co., 2002.</ref>

Business had topped out mildly, a month before the first crash; a gradual mild decline continued to April 1930, then fell sharply into a [[depression]] simultaneously with the end of the 1930 stock market rally. The business decline halted in December 1930, stayed level for 6 months, then plunged again in steep economic decline that didn’t lose its downward momentum for a full year, until July 1932. Business improved intermittently thereafter but still remained at depression levels through most of the decade of the 1930s except for a short recovery in 1936–37.<ref>Harry Schultz, ''Bear Market Investment Strategies'', Dow Jones-Irwin Co., 2002.</ref>

==See Also==

==See also==

* [[Stock market crash of 1929]]

* Stock market crash of 1929

* [[Great Depression]]: [[Depression]]

* [[Great Depression]]: [[Depression]]

* [[Financial Crisis of 2008]]

* [[Financial Crisis of 2008]]

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{{Template:Economic preparedness topics}}

{{Economic preparedness topics}}

[[Category : Economic Preparedness]]

[[Category:Economic Preparedness]]

[[Category : Threats]]

[[Category:Threats]]

[[Category : Survivalism]]

[[Category:Survivalism]]

[[Category:Economic History]]

[[Category:Economic History]]

[[Category:Finance]]

[[Category:Finance]]

[[Category:1920s]]

[[Category:1920s]]