The POTUS Timeline
Economy

Black Tuesday—historic stock market crash

On Black Tuesday the New York Stock Exchange suffered one of its largest single-day collapses as panic selling overwhelmed attempts at stabilization.

Black Tuesday is widely seen as the climactic market collapse of October 1929 that accelerated the onset of the Great Depression and had profound political and economic consequences for Hoover’s presidency.

References / Sources

No source references have been added for this event yet.

Related Timeline Entries