Sign In
Ask Question
Terrence French
History
22 March, 11:13
What is black Thursday
+2
Answers (
2
)
Chewie
22 March, 11:19
0
Black Thursday refers to October 24, 1929, when panicked sellers traded nearly 13 million shares on the New York Stock Exchange (more than three times the normal volume at the time), and investors suffered $5 billion in losses.
Black Thursday began the Wall Street crash of 1929, which lasted until October 29, 1929. Many investors had borrowed or leveraged heavily to buy stocks, and the crash on Black Thursday wiped them out financially-leading to widespread bank failures.
Comment
Complaint
Link
Gloria Miller
22 March, 11:27
0
October 24, 1929. On this date, a then-record number of shares were traded on the New York Stock Exchange by panicked investors, marking the onset of the stock market crash that precipitated the Great Depression.
Comment
Complaint
Link
Know the Answer?
Answer
Not Sure About the Answer?
Find an answer to your question 👍
“What is black Thursday ...”
in 📗 History if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
What are nomads? -Landevevis
Answers (2)
Which of the following statements about Arabs in the middle east is most correct?
Answers (1)
How did Spanish colonization affect people in the Americas and in Europe
Answers (1)
The body paragraph in a outline for an argumentative essay should be
Answers (1)
Interest on an investment is considered
Answers (1)
New Questions in History
Government payments to suppliers are called excise taxes True or false?
Answers (2)
1.) how did the bill of rights hold people accountable? 2.) How did the bill of rights address the issue of elections? 3.) How did the bill of rights impact free speech? 4.
Answers (1)
According to Karl Marx, which of these examples best reflects a strength of communism? no political parties or public elections redistribution of all wealth through graduated income tax nationalization of all industry all of the above
Answers (1)
Which was a cause of World War I? the Second Industrial Revolution Europe's system of military alliances Russia's race to industrialize the invention of the airplane
Answers (1)
What event finally led to a successful revolution in russia
Answers (1)
Home
»
History
» What is black Thursday
Sign In
Sign Up
Forgot Password?