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Black Tuesday Research Paper Outline

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Juleanna Rios-Monge
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Mr.Ploude
Black Tuesday 1929
Topic: Black Tuesday 1929
Question: What happened on Black Tuesday?
Thesis: The Stock Market Crash of 1929, also known as Black Tuesday, caused many investors to lose billions of dollars which caused a large number of unemployment and helped lead to the Great Depression.

The Stock Market Crash of 1929, also known as Black Tuesday, caused many investors to lose billions of dollars which caused a large number of unemployment and helped “lead to the Great Depression.” The Great depression did not end until 1939 the same year as World War Two helped boost jobs availability in the workforce and in building machinery. One of the worst lost in shares would be in The Wall Street Journal. …show more content…
Black Tuesday was also known for “wiping out 40 percent of the paper values of common stock”.Wall street tried to fix it by buying shares to “prop up” and it worked at the end of the day “...the Dow was down just 2 percent”. Which is the measure of the daily price movement. Not just did Wall Street but also other Bankers tried using their money to “bail out the banking system”. Still wasn’t enough to fix the total damage that it had left people. As the Investors lost billions of dollars leaving many people out of a job or leaving people working but not being paid their

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