What is the nickname of the market crash that triggered the Great Depression? Correct
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The nickname of the market crash that triggered the Great Depression is Black Tuesday, not Black Monday, Black Thursday, or Black Friday. Black Tuesday refers to the infamous stock market crash that occurred on October 29, 1929, when the Dow Jones Industrial Average plunged, leading to widespread panic selling and a collapse of the stock market. This event marked the beginning of the Great Depression, a severe economic downturn that lasted throughout the 1930s.
While Black Monday and Black Thursday are associated with other market crashes (such as Black Monday in 1987 and Black Thursday in 1929), and Black Friday typically refers to the day after Thanksgiving known for retail sales, it is Black Tuesday that is specifically linked to the catastrophic crash that precipitated the Great Depression.
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