The 2008 Stock Market Crash occurred on September 29, 2008. On September 16, the Federal Reserve announced that it was bailing out the behemoth AIG insurance. Money market funds lost $144 billion on Wednesday, September 17. Prices fell incredibly, oil fell more and it was very difficult to get. The Dow Jones stock market crash was a very bad time for America. The stock market crash influenced the Great Depression, although it would have happened in later years if the stock market crash had never happened. This was the worst crash in history, then 79 years later there was another stock market crash, the 2008 crash, which was also bad (Blumenthal). The years following World War I were the golden age for many Americans (Blumenthal 2). For much of the decade jobs were plentiful and wages were constantly growing, mass production made many items affordable (Blumenthal 2). Very few people were truly wealthy, money became the sign of success, most Americans earned a few thousand dollars a year (Blumenthal 3). In 1928, many investors never made money in the market, or at least not much, and there weren't many stock investors to start with (Blumenthal 4). The stock market crash beat everything in sports, in murders, in flying that year (Blumenthal 10). There were mass murders because people were so crazy (stock market crash of 1929). The stock market crash started the Great Depression which lasted 10 years and affected not only the United States but other countries as well (stock market crash of 1929). The stock market crash of 1929 was not the sole cause of the Great Depression, but it acted to accelerate the economic collapse, if not for the crash the Great Depression would have occurred in the 1960s-70s (History.com Staff) . The fundamental cause of the Great Depression was spending, which led to declining production and subsequent business closures (Great