Why was Black Thursday so devastating

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asked Jan 3, 2020 213k views

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Alexei Boronine · Answer 1 · 2020-01-06T07:24:19+0000

Answer:

Black Thursday marked the day the Roaring 20s stock market bubble finally burst. This event ended a decade of rapid expansion of the U.S. stock market branded by wild speculation. ... Black Thursday and the subsequent stock market crash of 1929 led to the complete revamp of regulations on the U.S. securities industry.

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Dsafa · Answer 2 · 2020-01-09T12:29:12+0000

Answer:

The stock market lost nearly one quarter of its entire value on that one day.

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Why was Black Thursday so devastating

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