What was october 29 1929 known as

Your Practice. Popular Courses. Part Of. Economy Economics. What Is Black Tuesday? Causes of Black Tuesday included too much debt used to buy stocks, global protectionist policies, and slowing economic growth. Black Tuesday had far-reaching consequences on America's economic system and trade policy. Article Sources. Investopedia requires writers to use primary sources to support their work.

These include white papers, government data, original reporting, and interviews with industry experts. We also reference original research from other reputable publishers where appropriate. You can learn more about the standards we follow in producing accurate, unbiased content in our editorial policy. Compare Accounts. The offers that appear in this table are from partnerships from which Investopedia receives compensation. This compensation may impact how and where listings appear. Investopedia does not include all offers available in the marketplace.

Global trade plummeted as a result. What Is Black Thursday? Black Thursday refers to Thursday, Oct. What Was the Great Depression?

Your Money. Personal Finance. Your Practice. Popular Courses. Part Of. Economy Economics. Table of Contents Expand. What Is Black Thursday? Understanding Black Thursday. Aftermath of Black Thursday. Significance of Black Thursday. Black Thursday Shopping. Frequently Asked Questions. Black Thursday is considered the first day of the Stock Market Crash of , which lasted until Oct.

Black Thursday can also refer to Thanksgiving Day, when some retailers start offering sales and deals, in anticipation of the onset of the holiday shopping season. What was the decrease in stock value on Black Thursday? Why did stock prices fall so sharply on Black Tuesday? Article Sources. Investopedia requires writers to use primary sources to support their work.

These include white papers, government data, original reporting, and interviews with industry experts. We also reference original research from other reputable publishers where appropriate.

You can learn more about the standards we follow in producing accurate, unbiased content in our editorial policy. You cannot download interactives. A stock market or stock exchange is a trading center for stocks, which represent a share in a company. Stock values fluctuate continually and occasionally fall abruptly. A market economy is an monetary system where two forces, supply and demand, direct the production of goods and services.

Join our community of educators and receive the latest information on National Geographic's resources for you and your students. Skip to content. Twitter Facebook Pinterest Google Classroom. Background Info Vocabulary. Great Depression. More Dates in History January.

McKinley was shaking hands in a long On October 29, , the first store opens in a small frontier town in Kansas Territory that a month later will take the name of Denver in a shameless ploy to curry favor with Kansas Territorial Governor James W. The brainchild of a town promoter and real estate Killer smog continues to hover over Donora, Pennsylvania, on October 29, Over a five-day period, the smog killed about 20 people and made thousands more seriously ill.

Donora was a town of 14, people on the Monongahela River in a valley surrounded by hills. The town was Sign up now to learn about This Day in History straight from your inbox. The catalyst for the joint Israeli-British-French attack on Egypt was the Sir Walter Raleigh, English adventurer, writer and favorite courtier of Queen Elizabeth I, is beheaded in London, under a sentence brought against him 15 years earlier for conspiracy against King James I.