What event is often called the start of the Great Depression?

The stock market crash of 1929 is widely recognized as the event that marked the beginning of the Great Depression. This catastrophic event occurred in late October 1929, when stock prices plummeted, leading to widespread panic among investors and causing a significant loss of wealth. The crash highlighted weaknesses in the U.S. economy, including over-speculation in stocks, ineffective regulations in the financial sector, and economic inequalities.

In the aftermath, consumer confidence shrank, businesses closed or reduced operations, and unemployment rates soared. These factors collectively contributed to a severe and prolonged economic downturn throughout the 1930s known as the Great Depression. While events like the Dust Bowl and the decisions made by the Federal Reserve during this time had significant impacts on the economy, they were considered to be consequences or compounding factors rather than the initial catalyst of the Great Depression itself. The end of World War I, while it had long-term economic effects, did not directly trigger the economic collapse that began with the stock market crash.