stock market crash of 1929: Black Tuesday
Panicked workers flooding the streets of New York City following the Black Tuesday stock market crash, October 29, 1929.
stock market crash of 1929
United States history
Also known as: the Great Crash
stock market crash of 1929, a sharp decline in U.S. stock market values in 1929 that contributed to the Great Depression of the 1930s. The Great Depression lasted approximately 10 years and affected both industrialized and nonindustrialized countries in many parts of the world. During the mid- to late 1920s, the stock market in the United States underwent rapid expansion. It continued for the first six months following President Herbert Hoover’s inauguration in January 1929....