THE ROARING 20S 1920 1929
1920S AMERICAN CULTURE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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the stock market crashed on Black Friday
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World War I started
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the stock market crashed on Black Black Tuesday
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the cafeteria ran out of ice cream
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Detailed explanation-1: -Black Tuesday is the stock market crash that occurred on October 29, 1929. It is considered the most disastrous market crash in the history of the United States.
Detailed explanation-2: -On October 29, 1929, the United States stock market crashed in an event known as Black Tuesday. This began a chain of events that led to the Great Depression, a 10-year economic slump that affected all industrialized countries in the world.
Detailed explanation-3: -The Great Crash is mostly associated with October 24, 1929, called Black Thursday, the day of the largest sell-off of shares in U.S. history, and October 29, 1929, called Black Tuesday, when investors traded some 16 million shares on the New York Stock Exchange in a single day.
Detailed explanation-4: -Over the course of four business days-Black Thursday (October 24) through Black Tuesday (October 29)-the Dow Jones Industrial Average dropped from 305.85 points to 230.07 points, representing a decrease in stock prices of 25 percent.
Detailed explanation-5: -On Black Monday, October 28, 1929, the Dow declined nearly 13 percent. On the following day, Black Tuesday, the market dropped nearly 12 percent. By mid-November, the Dow had lost almost half of its value.