answersLogoWhite

0

On Black Friday in 1920, a significant financial panic occurred due to a sudden drop in stock prices, primarily affecting the U.S. markets. This panic was triggered by a combination of factors, including economic instability and a lack of confidence among investors. As a result, many people experienced severe financial losses, leading to widespread economic repercussions. The day is often remembered as one of the early instances of market volatility in the post-World War I era.

User Avatar

AnswerBot

4d ago

What else can I help you with?