The beginning of the Great Depression was marked by the U.S. stock market collapse on Black Tuesday in 1929.
Black Tuesday on October 29, 1929, marked the beginning of the Great Depression as the U.S. stock market collapsed, leading to a chain reaction of financial turmoil and economic downturn.
This event resulted in a significant loss of wealth, triggered mass panic selling, and set off a series of bank failures, business closures, and widespread unemployment during the 1930s.
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