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What happened on Black Tuesday?

A. The stock market began to sputter and fall.

B. More than 640 commercial banks failed in just one day.

C. The economy began to recover from the Great Crash.

D. Billions of dollars of investors' money was lost in just a few hours.

2 Answers

6 votes
A it is believed to mark the beginning of the Great Depression
User Rayshawn
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The right answer is the letter D.

October 29, 1929 was a Tuesday that would forever be known as "Black Tuesday." On this day, the New York Stock Exchange broke, sinking fortunes and taking many to the bottom of the well. It was the greatest financial disaster ever seen in the capitalist world. The sinister ghost of the Great Depression that followed, served as an example so that the heavy financial crisis of 2008 did not repeat the catastrophe and end the world economy.

User Lucas Kauffman
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