# Canonical recap data for Stock Market Crash and Great Depression (1929)
# Source: https://recap.at/1929/stock-market-crash-1929
# Format: YAML 1.2 (UTF-8). Generated at request time.
slug: stock-market-crash-1929
canonicalUrl: "https://recap.at/1929/stock-market-crash-1929"
title: Stock Market Crash and Great Depression
subtitle: The Wall Street collapse on Black Tuesday triggered a global economic catastrophe that bankrupted millions, ended the 1920s prosperity, and reshaped political landscapes worldwide.
recapType: global_event
eventStatus: concluded
startDate: 1929-01-01
datePrecision: year
year: 1929
decade: 1920
country:
name: United States
slug: united-states
summaryShort: A stock market crash is a sudden dramatic decline of stock prices across a major cross-section of a stock market, resulting in a significant loss of paper wealth. Crashes are driven by panic selling and underlying economic factors. They often follow speculation and economic bubbles.
summaryLong: A stock market crash is a sudden dramatic decline of stock prices across a major cross-section of a stock market, resulting in a significant loss of paper wealth. Crashes are driven by panic selling and underlying economic factors. They often follow speculation and economic bubbles.
lede: On October 29, 1929, the U.S. stock market collapsed in a single day of panic selling that erased billions in wealth. The crash exposed years of rampant speculation and overleveraged investments, triggering the Great Depression—a economic catastrophe that would devastate millions of Americans for the next decade.
heroImageUrl: "https://upload.wikimedia.org/wikipedia/en/thumb/2/21/Stock_market_crash_%282020%29.svg/330px-Stock_market_crash_%282020%29.svg.png"
heroImageCredit: Wikipedia · "Stock market crash"
importance: 93
sourceConfidence: 75
keyFacts: []
timeline: []
sources:
- url: "https://en.wikipedia.org/wiki/Stock_market_crash"
  title: Stock market crash
  provider: Wikipedia
related: []
categories:
- disaster
metaDescription: The 1929 stock market crash wiped out fortunes overnight and triggered the Great Depression, reshaping American economy and society.
wikidataQid: Q1020018
archiveSnapshots:
- url: "https://web.archive.org/web/20260606005731/https://en.wikipedia.org/wiki/Stock_market_crash"
  capturedAt: 2026-06-06
  label: Stock market crash
  originalUrl: "https://en.wikipedia.org/wiki/Stock_market_crash"
taxonomy:
domain: economic
eventTypes:
- market_crash
- financial_crisis
- depression
canonicalClasses:
- collapse
- transformation
impactRadius: global
velocity: sudden
predictability: black_swan
intentionality: spontaneous
domainCoupling: multi_domain
lifecycleClass: decline
