oct 29, 1929 - Stock Market Crash of 1929
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On this day, known as Black Tuesday, billions and billions of dollars were lost, leaving investors with almost nothing. This came as a surprise to many as the 20s were known as the Roaring 20s when the stock market reached its all-time high. Ultimately, this led America and the rest of the world into a downward spiral into the Great Depression, the longest - lasting and deepest economic downturn in the history of Western industrialization.
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