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Black Tuesday



Black Tuesday was one of the most tragic events in United States History. When wall street crashed in 1929, all stocks fell and turned to crap. Black Tuesday occurred on October 24th, 1929. Black Tuesday is seen as one of the most influential events ever to happen in America because after the stock market crashed, it led to the Great Depression. The Great Depression is viewed as the worst economic crisis in the last 200 years. People lost all their money, businesses shut down, and many businesses went out of business. Businesses also took a huge hit because people had no money to even feed themselves let alone buy unnecessary items in stores. An estimated 5,000 banks closed in the Great Depression due to the stock market crash on Black Tuesday. Black Tuesday will never be forgotten in American Society and workers on wall street continually work hard year after year to make sure another tragic event does not occur like the Great Depression. This event is important in today's history because Stocks are now booming and allowing the economy in the United States to be stronger then ever.  "Wall Street Crash of 1929." //Wikipedia //. Wikipedia, 21 Jan. 2016. Web. 21 Jan. 2016.