Encyclopedia of Investment Terminology

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Stock Market Crash of 1929

The Stock Market Crash of 1929 was a crash that took places over a couple of days in October of that year. This crash, which is considered to be the start of the Great Depression, occurred due to high trading volume levels from people concerned that the stock market was not going to get any higher. On October 28 the value of the Dow Jones Industrial Average fell by nearly thirteen percent and on the next day the value declined by another eleven percent.

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