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A Fun Zone's Trivia Question #83

Trivia: The dictionary defines "trivia" as: Insignificant or inessential matters; trifles. I like to call them, small facts that don't make or break your day. New Trivia posted 5 to 7 times a week. How smart are you?
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The Trivia Question: Scroll Down for your Solution

The infamous "Black Tuesday", the biggest stock market crash ever, took place in which year?

1. 1922
2. 1924
3. 1926
4. 1929

 


 

 

The Solution

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The infamous "Black Tuesday", the biggest stock market crash ever, took place in which year?

Correct answer:
 
1929

Incorrect answers:
1922
1924
1926

Interesting Info:
The 1920s had been years of speculation on Wall Street. This all came to an end, however, on October 29, 1929, on what became known as "Black Tuesday". By November 13, the stock market had lost $30 billion in its market value - a total of 40% of its value. Moreover, it continued to fall until July 1932, when the Dow Jones dropped to 40.56 points (a drop of 89%).