USA HISTORY

Detailed explanation-1: -The Wall Street Crash of 1929, also known as the Great Crash, the Crash of 29, or Black Tuesday, was a major American stock market crash that occurred in the autumn of 1929. It started in September and ended in mid November, when share prices on the New York Stock Exchange collapsed.

Detailed explanation-2: -Overview. The 1929 stock market crash is conventionally said to have occurred on Thursday the 24th and Tuesday the 29th of October. These two dates have been dubbed “Black Thursday” and “Black Tuesday, ” respectively. On September 3, 1929, the Dow Jones Industrial Average reached a record high of 381.2.

Detailed explanation-3: -Black Tuesday refers to a precipitous drop in the value of the Dow Jones Industrial Average (DJIA) on Oct 29, 1929. Black Tuesday marked the beginning of the Great Depression, which lasted until the beginning of World War II.

Detailed explanation-4: -Black Thursday refers to Thursday, Oct. 24, 1929, when the Dow Jones Industrial Average (DJIA) plummeted drastically as soon as trading opened and an unprecedented number of shares changed hands. Black Thursday is considered the first day of the Stock Market Crash of 1929, which lasted until Oct.