What is the name of the famous stock market crash that occurred in October 1929?
Answer
Wall Street Crash
Answer
Wall Street Crash
What is the name of the famous stock market crash that occurred in October 1929? It was the Wall Street Crash.
The Wall Street Crash of 1929 began with a dramatic fall in share prices on the New York Stock Exchange. Panic selling intensified on October 24, remembered as Black Thursday, and reached another peak on October 29, known as Black Tuesday. The crash is also called the Great Crash or the Stock Market Crash of 1929.
During the 1920s, rising stock prices encouraged heavy speculation. Many investors bought shares with borrowed money, or margin, which magnified both potential gains and losses. When prices turned downward, investors faced pressure to sell, producing a self-reinforcing collapse.
The crash did not single-handedly cause every aspect of the Great Depression, but it became its most famous financial symbol and worsened confidence, banking problems, and economic contraction. Black Monday usually refers to the separate 1987 market crash, not the October 1929 event.
Source: Wikipedia · fact-checked Aug. 2026