The Wall Street Crash of 1929, commonly referred to as the Great Crash, was a significant collapse of the American stock market that took place in the late 1929.
It began in September and came to an end when share prices on the New York Stock Exchange crashed in late October.
The stock market meltdown in question was the worst in American history.
The greatest share sell-off in American history occurred on October 24, 1929, better known as “Black Thursday,” and the day before, October 29, 1929, better known as “Black Tuesday,” when investors transacted about 16 million shares on the New York Stock Exchange in a single day.
The Great Depression officially started when the market crashed.
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