Question

What happened on 1901 and why should we remember it?
Plz someone help me plz

Answer 1

1. The New York Stock Exchange crashed for the first time in history in 1901. Known as the Panic of 1901, the cause of the crash was partly due to a struggle for the financial control of a railway line, the Northern Pacific Railway. When an agreement was reached at last, many small investors have already lost everything.