1929 Stock Market Crash

The Wall Street Crash of 1929 was the most devastating stock market crash in the history of the United States.

The initial crash occurred on Black Thursday (October 24, 1929), but it was the catastrophic downturn of Black Monday and Tuesday (October 28 and 29, 1929) that precipitated widespread panic and the onset of unprecedented and long-lasting consequences for the United States. The collapse continued for a month .

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Image – The front page of the Oct. 30, 1929 New York Times

1929 – The stock market crash ushered in the Great Depression.

The crash followed a speculative boom that had taken hold in the late 1920s, which had led hundreds of thousands of Americans to invest heavily in the stock market, a significant number even borrowing money to buy more stock.

[ reference – wiki , Image via NYT ]

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