Black Tuesday Flashcards
1
Q
Why is Black Tuesday significant?
A
greatest crash in history as there was a mad rush to sell.
2
Q
What was the trading volume on Black Tuesday?
A
Trading Volume soared to 16,410,030 shares
3
Q
How much did the average price of a share fall?
A
12%
4
Q
What was the effect on the White Sewing Machine Company?
A
They had reached a previous high of $48 a share, on Black Tuesday a share of this company could be bought for $1.
