The US Stock Market crashed on 29 October 1929 and the world hit its tipping point before anyone could act effectively. The United States was preparing for what would be called the Great Depression. A series of incidents around the world have sparked a chain reaction that has affected many nations around the world, as well as America. The performance of the stock market was much superior to that of the world and economic production was higher than it ever was before. In the 1920s – also known as the "Roaring 20s" – this situation became noticeably clear in the US. During this time, the US was heavily reliant on its manufacturing sectors, including cars and docks.