Question

Which of the following describes what happened on Black Tuesday?

Option 1 - Billions of dollars of investors' money was lost in just a few hours. Option 2 - More than 640 commercial banks failed in one day.

Answer 1

option 1

Step-by-step explanation:

The United States stock market crashed. When stock prices started to decrease drastically, people rushed to sell their stock(s) and get out of the market, which drove the prices and economy down even further. this was a key event that lead to the great depression.