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Stock Market Crash

Definition

The Stock Market Crash refers to the drastic drop in stock prices on the New York Stock Exchange in October 1929. This event marked the beginning of the Great Depression.

Related terms

Bull Market: A period of time in financial markets when the price of an asset or security rises continuously. The term is most often used to refer to the stock market but can be applied to anything that is traded, such as bonds, currencies, and commodities.

Great Depression: A severe worldwide economic depression that took place during the 1930s. It began after the stock market crash of October 1929, which sent Wall Street into panic and wiped out millions of investors.

Black Tuesday: Refers specifically to October 29, 1929; it was one of the worst days in stock market history when share prices on Wall Street collapsed completely.

"Stock Market Crash" appears in:

Subjects (1)

  • AP World History: Modern

Study guides (1)

  • AP US History - 7.9 The Great Depression

Additional resources (1)

  • AP US History - Unit 7 Overview: The Early 20th Century (1890-1945)

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About Us

About Fiveable

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Careers

Code of Conduct

Terms of Use

Privacy Policy

CCPA Privacy Policy

Resources

Cram Mode

AP Score Calculators

Study Guides

Practice Quizzes

Glossary

Cram Events

Merch Shop

Crisis Text Line

Help Center

© 2024 Fiveable Inc. All rights reserved.

AP® and SAT® are trademarks registered by the College Board, which is not affiliated with, and does not endorse this website.