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3. Wall Street Crash of 1929
The 1920s, often called the “Roaring Twenties,” saw a rapid rise in stock market investments. But in October 1929, the bubble burst. On October 18, the stock market took a sharp dive, leading to widespread panic. By Black Tuesday (October 29, 1929), investors rushed to sell off their stocks, with 16.4 million shares traded in a single day. The market collapse wiped out billions of dollars and was a major trigger for the Great Depression.