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Crowd gathering on Wall Street after the 1929 crash.

The Wall Street Crash of 1929, also known as Black Tuesday (October 29), the Great Crash, or the Stock Market Crash of 1929, began on October 24, 1929 ("Black Thursday"), and was the most devastating stock market crash in the history of the United States, when taking into consideration the full extent and duration of its after effects. The crash, which followed the London Stock Exchange's crash of September, signaled the beginning of the 12-year Great Depression that affected all Western industrialized countries.

The decline in the stock prices in 1929 was a cause of the Market crash that due to the addition of debt.

  • Due to the decline in the market value of the share and fall in agriculture prices.
  • Access to large-scale bank loans which could not be liquidated. The day was known as black Friday and was a day of widespread financial panic.

Hence the stock process fell on this day and the market went down.

Learn more about the did stock prices drop so quickly in 1929.

brainly.com/question/15557714.

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