Crash of 1929
The stock market crash which started on September 24, 1929, and lasted for four consecutive trading days. During that period investors lost $25 billion, and the marked dropped by roughly 30 percent. Economic policies implemented after the Crash that were designed to prevent a recurrence are widely attributed with creating the conditions that led to the Great Depression. See Black Tuesday; Black Thursday, Black Friday; Crash of 1987.
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stock market crash
Crash of 1987
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