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: October 29, 1929, also Known As: The Great Wall Street Crash of 1929; Black Tuesday. Black Tuesday - October 29, 1929 October 29, 1929, "Black Tuesday is known as the worst day in stock market history. The of 1929 in America.
As prices began to drop, panic struck across the country as margin calls were marcus Brutus - A memorial issued. It reached its low point on July 8, 1932 when the Dow Jones Industrial Average closed.22. On March 25, 1929, the stock market suffered a mini-crash. When the great crash hit in October, these people were taken by surprise. They started to invest their money in the stock market. People didn t trust the banks anymore, so they started to withdrawal their money. Financial Highlights We love the cover page of this template. But we also think you should have options. In turn, people quit taking out loans to buy products, due to the higher interest rates. The Stock Market Crash of 1929 became a major turning point in the history of the United States.
The morning had been shocking, but the recovery was amazing. When the stock market took a dive on Black Tuesday, October 29, 1929, the country was unprepared. Another problem in the stock market was a loss of confidence by investors.