Ancient Chinese Sports  >>>

Fri December 5th at 6:00am
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Egyptian Book of the Dead

Sun December 7th at 9:00pm
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Ice Road Truckers 2: Hundred Ton Haul

Mon December 8th at 8:00pm
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Wall Street Crash, 1929

Panic selling on the New York Stock Exchange following an artificial boom from 1927 to 1929 fed by speculation. On 24 October 1929, 13 million shares changed hands, with further heavy selling on 28 October and the disposal of 16 million shares on 29 October. Many shareholders were ruined, banks and businesses failed, and unemployment rose to approximately 17 million during the Great Depression that followed.

The repercussions of the crash, experienced throughout the USA, were also felt in Europe, worsened by the reduction of US loans. A world economic crisis followed, bringing an era of depression and unemployment.


From the Hutchinson Encyclopedia of World History. © Research Machines plc [2006] All Rights Reserved, Helicon Publishing is a division of Research Machines.
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3 June
11 June
16 September
24 October 1929
A week before the Wall Street Crash in America, stock prices plummet and investors on the New York Stock Exchange dump13 million shares, in what is known as “Black Thursday.”
 

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