单词 | Crash of 1929 |
释义 | Crash of 1929Definition The stock market crash which started on September 24, 1929, and lasted for four consecutive trading days. During that period investors lost $25 billion, and the marked dropped by roughly 30 percent. Economic policies implemented after the Crash that were designed to prevent a recurrence are widely attributed with creating the conditions that led to the Great Depression. See Black Tuesday; Black Thursday, Black Friday; Crash of 1987. |
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