The Stock Market Crash in 1929 was caused by people borrowing money they could not pay back to investors. This money was used to buy stocks as well as tickets to Broadway shows. So while Broadway was very popular with the lifestyles of the 1920s, it also suffered with the crash on October 24, 1929 or "Black Tuesday" because people could no longer afford tickets to these shows along with other luxury attractions. Unemployment was at its highest while prices and wages were at its lowest. Low prices of produce put farmers out of work and put America in a dilemma for years to come. The stock market crash is the reason for the nation's deficit today.
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