The most infamous stock market crash in U.S. history occurred on October 29, 1929, known as Black Tuesday. This catastrophic event marked the culmination of a speculative bubble fueled by excessive stock trading and overvaluation. As panic set in, millions of shares were sold in a frenzy, causing a rapid and unprecedented decline in stock prices. The crash triggered the Great Depression, a severe economic downturn that lasted throughout the 1930s. Investors faced massive losses, banks collapsed, and unemployment soared. The lessons learned from this crash continue to shape financial regulations and investment strategies to prevent a recurrence of such a devastating event.
