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October 29, 1929 is known as Black Tuesday. It is the day of the Great Wall Street Crash of 1929. It is known as the worst day in Stock Market history. Investors panicked and everyone starting selling their stocks all at once. Panic hit the country and over 16.4 million shares of stock were sold. Since everyone was selling and nearly no one was buying, stock prices collapsed. It is a day that devastated the economy and was a main factor in the beginning of the Great Depression.
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∙ 14y ago
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∙ 9y agoOctober 29.1929, or Black Tuesday, was that day that the Stock Market crashed. The aftermath of the crash was a devastated economy. The Great Depression began at this time in the United States. Europe, and many other nations.
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∙ 11y agoWiki User
∙ 11y agoAdd your answer:
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What event occurred on October 29 1929 It was the start of the Great Depression?
The event that occured on October 29, 1929, was the beginning of the Great Deppresion, otherwise known as the Wall Street Crash. It was when the Stock market completely crash, and this trainwreck paved the way for America and most of the world into the Great Deppresion
What event happened on October 29 1929 called Black Tuesday?
The Stock Market collapsed that day. (APEX)
What nickname was given on October 29 1929 when stock prices fell sharply?
The Wall Street crash.
October 29 1929 the single worst day in the history of the New York Stock Exchange is remembered as?
Black Tuesday:)
What happened on Black Tuesday in October of 1929?
The stock market went down even more. The economy fell. Answer: Tuesday, October 29, 1929 was 'Black Tuesday'. This was the last of the important days leading to the Wall Street Crash of 1929. After 'Black Thursday', 'Black Friday' and 'Black Monday'; Tuesday led to 16,000,000 being traded after huge losses were announced. This was due to loss of investor confidence. After then President Herbert Hoover did not veto the Hawley-Smoot Tariff, stock prices dropped even further. This drop would continue for months after. The market lost $14 billion in value on October 29. The total decrease for the week would be $30 billion.
What happened on October 29 1929?
Wall Street crash that marked the beginning of the Great Depression
What vent happened on October 29 1929 called black Tuesday?
The stock markets crashed.
What event happened on October 29 1929 Black Tuesday?
The Stock Market collapsed that day. (APEX)
What happened on March 29 1929?
The Great Depression happened when the stock market crashed on March 29, 1929.----
What event happened october 29 1929 called black Tuesday?
The Stock Market collapsed that day. (APEX)
What event happened on october 29 1929 that marked the beginning of the great depression?
the US stock market collapsed
What was the day the stock market crashed in 1929?
october 29th 1929 study island
What event happened in October 29 1929 called black tuesday?
The stock market collapsed.
When was Black Tuesday?
October 29, 1929 was the worst day in stock market history.
What date was black Tuesday on?
October 29, 1929
What happened on this day in 1929?
The year 1929 is remembered for the stock market crash on October 29. This triggered the Great Depression that affected the world.
On what day did the stock markets crash?
The stock market crashed on October 29th. The employment rate went way down and marked disaster for America.
