Black Tuesday is one of the three days used to describe the collapse of stock values. The collapse continued for one whole month! It came near the beginning of the Great Depression & caused wide - spread fear & panic. People went especially crazy when the NYSE collapsed! Black Tuesday happened on October 29, 1929. It followed a speculative boom when hundreds of thousands of American citizens invested in the stock market. Therefore, the collapse caused a huge uproar.
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On Black Monday, stock markets in the United States and around the world crashed. The stocks lost value very rapidly and many people lost their entire savings.
Investors sold more than 16 million shares of stock and then billons of their dollars was lost in just a few hours
The Stock Markets Collapsed And The World Went Into The Great Depression
it was when the great depression started and when the stock market crashed
That term refers to the Wall Street crash of 29 October 1929.
The stock market crashed sending the United States into a depression.
before the holocost