Step 1 : Introduction to the question "What is the nickname of the market crash that triggered the Great Depression?"
The market crash that triggered the Great Depression is famously known by the nickname "Black Tuesday." This catastrophic event occurred on October 29, 1929, when the U.S. stock market experienced an unprecedented and dramatic drop in value. As panic swept through Wall Street, frantic selling ensued, wiping out billions of dollars and devastating investors within hours. The crash marked the beginning of a decade-long economic downturn that affected economies worldwide, causing widespread unemployment, poverty, and significant social and political changes.
Step 2 : Answer to the question "What is the nickname of the market crash that triggered the Great Depression?"
Black Tuesday:
The market crash that triggered the Great Depression is famously known by the nickname "Black Tuesday." This catastrophic event occurred on October 29, 1929, when the U.S. stock market experienced an unprecedented and dramatic drop in value. As panic swept through Wall Street, frantic selling ensued, wiping out billions of dollars and devastating investors within hours. The crash marked the beginning of a decade-long economic downturn that affected economies worldwide, causing widespread unemployment, poverty, and significant social and political changes.
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