Herbert Hoover

1874 – 1964

On October 29, the New York Stock Exchange collapses in the largest single-day loss in history. The crash triggers the Great Depression—a decade of mass unem…

• 1929 CE

  Black Tuesday: the stock market crashes

  On October 29, the New York Stock Exchange collapses in the largest single-day loss in history. The crash triggers the Great Depression—a decade of mass unemployment, deflation, and despair that transforms the relationship between government and economy and helps bring Hitler to power.