Step 1 : Introduction to the question "What historical event began in earnest with "Black Tuesday" Oct. 29, 1929?"
Wall Street took a massive hit as investors began trading Oct. 29, 1929. By the end of the day, 16,410,030 shares traded through the New York Stock Exchange. This wiped out billions of dollars of wealth, devastating thousands. The aftermath plunged America and the rest of the industrialized world into the Great Depression. By 1932, stocks in the worldwide markets were worth only about 20 percent of their value from three years earlier. The stock market crash was not the sole cause of the Great Depression but it did accelerate the collapse of the global economy. Source: History.com
Step 2 : Answer to the question "What historical event began in earnest with "Black Tuesday" Oct. 29, 1929?"
The Great Depression:
Wall Street took a massive hit as investors began trading Oct. 29, 1929. By the end of the day, 16,410,030 shares traded through the New York Stock Exchange. This wiped out billions of dollars of wealth, devastating thousands. The aftermath plunged America and the rest of the industrialized world into the Great Depression. By 1932, stocks in the worldwide markets were worth only about 20 percent of their value from three years earlier. The stock market crash was not the sole cause of the Great Depression but it did accelerate the collapse of the global economy. Source: History.com
Step 3 : Disclaimer & Terms of Use regarding the question "What historical event began in earnest with "Black Tuesday" Oct. 29, 1929?"
Our machine learning tool trying its best to find the relevant answer to your question. Now its your turn, "The more we share The more we have". Share our work with whom you care, along with your comment ...Kindly check our comments section, Sometimes our tool may wrong but not our users.
Are We Wrong To Think We're Right? Then Give Right Answer Below As Comment
No comments:
Post a Comment