black tuesday, october 22, 1929: stock market crash
-Dow Jones Industrial average collapsed
-Continued selloff took place until 1932 when the DJIA was 89% of its 1929 peak
-People threw themselves out of buildings
-Businesses go bankrupt
-Banks close
-Depression begins
-Black tuesday was the beginning of the great depression
-Continued selloff took place until 1932 when the DJIA was 89% of its 1929 peak
-People threw themselves out of buildings
-Businesses go bankrupt
-Banks close
-Depression begins
-Black tuesday was the beginning of the great depression
sumary
the Wall Street Crash of 1929, also known as the Great Crash and the Stock Market Crash of 1929, began in late October 1929 and was the most devastating stock market crash in the history of the United States, when taking into consideration the full extent and duration of its fallout.
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