Difference between revisions of "Black Thursday"
Jump to navigation
Jump to search
(Form, link) |
(edit) |
||
| Line 1: | Line 1: | ||
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 | + | 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]] | ||
Revision as of 20:36, July 8, 2007
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 European nations were also suffered in the wake of the depression.
The Stock Market did not recover to the high it reached in 1929, 381 points on the Dow Jones Industrial Average, until 1949.