Thursday, October 29, 2020

The stock market crash of 1929

 "Once I built a tower up to the sun

Brick and rivet and lime
Once I built a tower, now it's done
Brother, can you spare a dime ?"

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 October 28, dubbed “Black Monday,” the Dow Jones Industrial Average plunged nearly 13 percent,



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