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The Wall Street Crash of 1929, also known as the Great Crash or the Crash of '29, 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.
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Mar 27, 2024 · Stock market crash of 1929, a sharp decline in U.S. stock market values in 1929 that contributed to the Great Depression of the 1930s, which lasted approximately 10 years and affected both industrialized and nonindustrialized countries in many parts of the world.
- The Editors of Encyclopaedia Britannica
The Wall Street Crash was the U.S. Stock Market crash of October 29, 1929, which triggered the Great Depression. Causes. Stock-exchange speculation led hundreds of thousands of Americans to invest heavily in the stock market, creating an economic bubble. Many were borrowing money to buy more stocks.
May 10, 2010 · 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...
Apr 13, 2018 · The stock market crash of 1929—considered the worst economic event in world history—began on Thursday, October 24, 1929, with skittish investors trading a record 12.9 million shares. On...
Mar 16, 2023 · Will Kenton. Updated March 16, 2023. Reviewed by Andy Smith. Fact checked by Kirsten Rohrs Schmitt. What Was the Stock Market Crash of 1929? The stock market crash of 1929 began on...
- Will Kenton
Great Depression in the United States. Unemployed men outside a soup kitchen in Chicago, 1931. In the United States, the Great Depression began with the Wall Street Crash of October 1929 and then spread worldwide. The nadir came in 1931–1933, and recovery came in 1940.