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.
The Stock Market collapsed that day. (APEX)
Black Tuesday:)
The Great Stock Market Crash of 1929 occurred on "Black Tuesday."
The stock market crashed.
The stock market crash in October 1929, often marked by Black Tuesday on October 29, led to the onset of the Great Depression. This economic downturn resulted in widespread unemployment, bank failures, and a significant contraction in economic activity. Additionally, it prompted major shifts in government policy and regulation, including the establishment of the Securities and Exchange Commission (SEC) in 1934 to oversee the securities industry and protect investors.
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Black Tuesday is on October 29th 1929
The stock markets crashed.
The Stock Market collapsed that day. (APEX)
The Stock Market collapsed that day. (APEX)
October 29, 1929
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."
October 29, 1929
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 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.
1929 Also known as Black Tuesday - October 29, 1929
Black Tuesday started in October 29, 1929. This happened in the stock market of New york. The government refused to get in the situation. They did nothing to ensure the stocks were restored. So basically the people were involved with few help Black Tuesday.