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The Great Stock Market Crash of 1929 occurred on "Black Tuesday."
The aftermath of black Tuesday can be looked at both ways, after the crash there where more millionaires created than in any other time in recent history. On the flip side more people lost their life savings.... a cause of mismanagement and unsafe investment strategies. For the most part every investor after black Tuesday will be forever effected by that day and the days that soon followed it. By the formation of the S.E.C.
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.
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.
snoz
It was known as the Crash of '29, Black Thursday, Black Monday, Black Tuesday.The nickname for the stock market crash is called Black Tuesday. This led to the Great Depression and happened in 1929.
The Great Crash of 1929
A stock market crash on Black Tuesday.
The Stock Market Crash happened in 1929 on Black Tuesday.
Not long after black Tuesday the stock market crash was affecting millions of people who lived in the United States, many of whom had never owned any stock. Black Tuesday was the stock market crash of October 29, 1929.
The Great Stock Market Crash of 1929 occurred on "Black Tuesday."
The Wall Street Crash of 1929, also known as Black Tuesday, the Great Crash, or the Stock Market Crash of 1929, began on October 24, 1929, and was the most devastating stock market crash in the history of the United States, when taking into consideration the full effects of the collapse.
The market crashed on October 24, which is also known as Black Tuesday.
The Wall Street Crash of 1929, also known as Black Tuesday, the Great Crash, or the Stock Market Crash of 1929, began on October 24, 1929, and was the most devastating stock market crash in the history of the United States, when taking into consideration the full effects of the collapse.
(apex) black tuesday
The crash actually happened on Thursday October 24th 1929, but the catastrophic downturn was actually experienced on Monday the 29th and Tuesday the 30th (October)- commonly called "Black Tuesday."
black Tuesday