There was no "crash" at these times, and in relative terms, those "crashes" were pretty mild.No crash in 1929? Or only pretty mild crashes? You really don't know what you're talking about. Sorry I tried to help.
On "Black Thursday" the market only dropped 33 points. Anyways, I already know all about the Depression. I'm just wondering about the "Dangers of capitalism" and why is the Roaring 20s industrialization viewed so negatively by liberals. Even high school history books can't deny how great the 20s were.
The market went to shit, no doubt, but it was over time. It was not a crash so drastic that the market simply died, and it did not come out of nowhere. Take a look at newspaper headlines on the Black days and you'll see something about the Smoot-Hawley Act.