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Oct. 24, 1929 is referred to as '''“Black Thursday.”''' On this day the [[New York Stock Exchange]] crashed, signaling the beginning of [[The Great Depression]] in the [[United States]]. Many lost everything and the economies of [[Europe|European]] nations were also suffered in the wake of the depression.
Oct. 24, 1929 is referred to as '''“Black Thursday.”''' On this day the [[New York Stock Exchange]] crashed, signaling the beginning of [[The Great Depression]] in the [[United States]]. Many lost everything and the economies of [[Europe|European]] nations were also suffered in the wake of the depression.
The United States eventually recovered from the Depression due to the mobilization of the country's economy in [[World War II]].
The Stock Market did not recover to the high it reached in 1929, 381 points on the [[Dow Jones Industrial Average]], until 1949.
[[Category:Great Depression]]
[[Category:Great Depression]]