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- Facts about the Wall Street Crash of 192912345:
- The crash occurred on October 29, 1929, when investors traded 16 million shares on the New York Stock Exchange in a single day2.
- The market lost $30 billion in value, signaling the Great Depression1.
- By 1933, 15 million Americans lost jobs, and half of the country's banks failed1.
- The crash began in September and ended in mid-November4.
- On "Black Tuesday," 16 million shares were traded and prices collapsed5.
Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.At the end of the crash, the market lost $30 billion in value or approximately $528 billion in today's money. The stock market crash signaled the Great Depression, where 15 million Americans lost jobs, and half of the country's banks failed by 1933. Production and demand fell, sparking bread lines and homelessness across the nation.www.investopedia.com/terms/s/stock-market-cras…The Stock Market Crash of 1929 occurred on October 29, 1929, when Wall Street investors traded some 16 million shares on the New York Stock Exchange in a single day. Billions of dollars were lost, wiping out thousands of investors.www.history.com/topics/great-depression/1929-sto…10 Interesting Facts On The Wall Street Crash of 1929
- #1 JUST BEFORE It, PEOPLE WERE INVESTING HEAVILY IN STOCKS ...
- #2 OVER EXUBERANCE WAS A MAJOR REASON BEHIND It ...
learnodo-newtonic.com/wall-street-crash-factsThe Wall Street Crash of 1929, also known as the Great Crash, Crash of '29, or Black Tuesday, [ 1] was a major American stock market crash that occurred in the autumn of 1929. It began in September, when share prices on the New York Stock Exchange (NYSE) collapsed, and ended in mid-November.en.wikipedia.org/wiki/Wall_Street_Crash_of_1929On October 18 the stock market began to fall precipitously. On the first day of real panic, October 24, known as “Black Thursday,” a record 12,894,650 shares were traded. Banks and investment companies bought large blocks of stock to stem the panic, but on October 29, “Black Tuesday,” 16 million shares were traded and prices collapsed.
www.britannica.com/summary/stock-market-crash-… Stock market crash of 1929 | Summary, Causes, & Facts | Britannica
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