Black Tuesday is the name given to the day in October of 1929 when the stock market crashed. It led to a complete stock market crash and widespread bankruptcies and financial losses.
Step-by-step explanation:
The day in October of 1929 when the stock market crashed is commonly referred to as Black Tuesday. On this day, the aggregate value of publicly traded companies listed on the New York Stock Exchange declined rapidly, leading to a complete stock market crash. Many investors had bought stock with borrowed money, causing widespread bankruptcies and financial losses.