United States · Government / Republican Party Government. Chronological records rendered directly from the World History Database.
The market loses $14 billion in one day, bringing the loss for the week to $30 billion, ten times more than the annual budget of the federal Government, far more than the U.S. had spent in all of World War I. "Black Tuesday", about 16 million shares are traded, he volume on stocks traded is a record that was not to be broken for nearly 40 years
This factsheet is generated from stored World History Database records matching the country, broad category, detailed category and exact Event value shown above. Duplicate display records are collapsed; database wording is otherwise preserved. Source provenance varies by record, so formal academic citation should be checked against the relevant primary source, archive or specialist historical reference.