A quiz question · hard
How much did the Dow Jones Industrial Average fall on Black Tuesday, 29 October 1929?
The Dow fell 11.7% on Black Tuesday; combined with Black Monday's 12.8%, about 25% in two days.
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The Wall Street Crash of October 1929 That Triggered the Decade-Long Global Great Depression The Dow Jones Industrial Average fell 12.8 percent on Black Monday 28 October 1929 and 11.7 percent on Black Tuesday 29 October 1929. The Crash initiated a global Great Depression that bottomed in 1933 with US unemployment at approximately 25 percent and approximately 9,000 US banks failed. Industrial production took a decade to return to 1929 levels.
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