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Black Thursday - October 24th 1929 signalled the start of the Wall Street Crash and onset of the Great Depression which caused widespread economic turmoil and political upheavel.

 


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Black Thursday
The name given to Thursday, October 24, 1929, when the New York Stock Exchange plummeted, leading to the Great Depression of the 1930s.
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Black Tuesday occurred five days after the US stock market crash of Black Thursday. The week of Black Tuesday and its aftermath usually marks the beginning of the Great Depression in the US.

The Great Depression is the period of history that followed "Black Thursday", the stock market crash of Thursday, October 24, 1929 (the actual panic did not begin in earnest until Black Tuesday on October 29).

that followed the Black Thursday October 24 1929, the day the stock market New York is collapsed. The events of that day started an economic crisis that led to the World deflation and a significant increase in the unemployment.

It had to close its doors temporarily during World War I; in October 24, 1929 (Black Thursday) it was part of the big panic and great depression, on October 19, 1987 (Black Monday) there was 22.

See also: Depression, Banks, Saving, Black monday, Panic

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