• Black Tuesday refers to the sharp drop in the value of the Dow Jones Industrial Average (DJIA) on October 29, 1929.

  • Black Tuesday marked the beginning of the Great Depression, which lasted until the outbreak of World War II.
  • Causes of Black Tuesday included too much debt being used to buy shares, global protectionist policies and slowing economic growth.
  • Black Tuesday had far-reaching implications for America’s economic system and trade policy.