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Black Tuesday The Stock Market Crash Ushers In Great Depression

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On this day “Black Tuesday” the Stock Market crashed. during the late 1920’s the American stock market reached unprecedented levels. As prices went up people started to take money out of the bank and invest in stocks. some took out loans and mortgages in order to invest money in the market. The market held a massive amount of money and borrowed money . it could only survive if stocks prices went up(("On This Day: "Black Tuesday" Stock Market Crash Ushers in Great Depression).

In September 1929 the Dow Jones industrial average peaked at 381 points and then began to fall. the stock fell a lot from september to october. as quickly as investors rushed into the market they panicked and got out. the first panic day was on october 24 know

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