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The Dow Jones Industrial Average, 1928–1930. The "Roaring Twenties", the decade following World War I that led to the crash, [4] was a time of wealth and excess.Building on post-war optimism, rural Americans migrated to the cities in vast numbers throughout the decade with hopes of finding a more prosperous life in the ever-growing expansion of America's industrial sector.
The collapse shakes the confidence of American investors in the security of overseas investments. October 24: Wall Street Crash of 1929 begins. Stocks lose over 11% of their value upon the opening bell. October 25–27: Brief recovery on the market. October 29: 'Black Tuesday'. The New York Stock Exchange collapses, the Dow Jones closing down ...
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On October 29, 1929, also known as Black Tuesday, stock prices on Wall Street collapsed. The events in the United States added to a worldwide depression , later called the Great Depression , that put millions of people out of work around the world throughout the 1930s.
Date: 29 April 2007, 02:55: Source: imported from former en: 1929 wall street crash graph.svg Author: Lalala666: Other versions: Derivative works of this file: 1929 wall street crash graph-de.svg
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The Wall Street Crash of 1929 is often cited as the beginning of the Great Depression. It began on October 24, 1929, and kept going down until March 1933. It was the longest and most devastating stock market crash in the history of the United States. Much of the stock market crash can be attributed to exuberance and false expectations.