Crash of 1929

Crash of 1929,

Definition of Crash of 1929:

  1. The stock market crash which started on September 24, 1929, and lasted for four consecutive trading days. During that period investors lost $25 billion, and the marked dropped by roughly 30 percent. Economic policies implemented after the Crash that were designed to prevent a recurrence are widely attributed with creating the conditions that led to the Great Depression. See Black Tuesday; Black Thursday, Black Friday; Crash of 1987.

Meaning of Crash of 1929 & Crash of 1929 Definition