asked 20.4k views
3 votes
What name is given to the long economic downturn that begin with the stock market crash of 1929

asked
User Joe Wood
by
8.5k points

2 Answers

1 vote

Answer:

Black Thursday

Explanation:

On Oct. 24th, 1929 (Black Thursday) the stock market lost a major amount of its value as investors rushed to sell off stock that they owned. In 10 weeks the value of the stock market would be cut in half.

answered
User Rahul Mathur
by
7.6k points
4 votes
The Great Depression was the long economic downturn following the stock market crash of 1929.

answered
User SciPhi
by
8.7k points
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