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Why of the following best describes the 1929 event known as Black Tuesday?
The stock market crashed.
What year did the american stock market crash?
AnswerThe stock market collapsed in 1929 at the peak of the Great Depression.AnswerOctober 1929.
What happened in America on October 29 1929?
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.
What happened to stock prices before the late 1920's?
The stock market prices crashed after people kept trading things that they couldn't afford anymore, and others lost jobs and went out of business.
What do economists cite as the date of the first US Wall Street crash?
October 29 1929 was the date in US Wall Street Stock Market crashed.
In 1929 what crashed and began what?
The stock market crashed and the Great Depression began.
Did The stock market crashed after stock prices became overvalued.?
true
What is the significance of the year 1929 to the stock market?
The 1929 stock market crashed. Up till them America was called it was in its roaring 20s. But in September 1929, the Stock Market crashed leaving people with no jobs. It was a complete recession.
How did the us get into the great depression?
the stock market crashed!!
What was the nicknames for the days of the stock market crashed?
black thursday
What happened to stocks when the stock market crashed?
became worthless
What happens when the stock market crashed stocks?
became worthless
Black Tuesday refers to which event?
the day the new york stock market crashed in 1929the day the new york stock market crashed in 1929a day for blacks to get recognition
1929 The New York stock market crashed which began what?
The 1929 stock market crash began the Great Depression.
Why did many banks fail after the stockmarket crashed?
on October 29, 1929, $10- $15 billion loss in value and stocks fell drastically. This is when the Stock Market crashed Why did many banks fail after the stock market crashed? because they invested in the stock markets, so when it crashed they lost all their money
Did the stock market crash before or after World War 2?
The stock market crashed before World War 2, in 1929.
The day the stock market crashed is known as?
Black Tuesday in 1929
