October 29, 1929 — Black Tuesday and the great stock market crash
The stock market collapsed in a wave of panic selling, wiping out fortunes and marking the start of the Great Depression — the worst economic crisis in American history. A decade of hardship followed, and reshaped the relationship between Americans and their government for good.
Common Questions
What happened on October 29 in American history?
In 1929: Black Tuesday and the great stock market crash. The stock market collapsed in a wave of panic selling, wiping out fortunes and marking the start of the Great Depression — the worst economic crisis in American history.
Why is October 29 significant?
The stock market collapsed in a wave of panic selling, wiping out fortunes and marking the start of the Great Depression — the worst economic crisis in American history. A decade of hardship followed, and reshaped the relationship between Americans and their government for good.
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