Collapse of Apex Economy Timelines: Past

Tobacco markets had been the center of Apex’s booming economy for more than ten years until they all closed in the early 1920s, leaving Apex without a steady economic source. A few years later, in 1929, the NYC Stock Market crashed and the ensuing Great Depression further damaged Apex’s economy. The town struggled financially until the formation of the Research Triangle Park in the late 20th century, which gave Apex and many other towns in the Triangle new life.