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Question: What year did the first stock market crash occur in the USA!?
Or even the first three!?Www@QuestionHome@Com


Best Answer - Chosen by Asker:
Prior to the 1929 crash, there were the Panic of 1819, the Panic of May 10, 1837, Black Friday - September 24, 1869, the Panic of 1884, the Panic of 1896, the US Panic of 1901 (The market was spooked by the assassination of President McKinley) and the Panic of 1907!.

After 1929, there were 1937 - a 1 year crash triggered by an economic recession and doubts about the effectiveness of Franklin D Roosevelt's New Deal policy, Silver Thursday of 1980, Black Monday - October 19, 1987, Friday the 13th mini-crash - October 13, 1989, and the dot-com bubble burst - March 2000!. And those are only the US crashes!.

(From http://en!.wikipedia!.org/wiki/List_of_sto!.!.!. For a list of US recessions, see http://en!.wikipedia!.org/wiki/List_of_rec!.!.!. )Www@QuestionHome@Com

1929
On October 24, 1929, later to be known as Black Thursday, the stock market began its downhill drop!. After the first hour, the prices had gone down at an amazing speed!. Some people thought that after that day, the prices would rise again just as it had done before!. But it didn’t!. Prices kept dropping, and on October 29, 1929, Black Tuesday, more than 16 million shares were sold, but by the end of the day, most stocks ended below their previous value, and some stocks became totally worthless!. Because of that, some people became homeless and penniless, all because of the Stock Market Crash!. By November 13, the prices had hit rock bottom!. The stock AT&T had gone from $304, to the price of $197!. America had celebrated for eight years, but now, everything was wasted in just a few weeks, by the Stock Market!. It was a sad ending to this glorious decade!Www@QuestionHome@Com

I believe it was the stock market crash of 1929, when the roaring 20s came to a sad end, Www@QuestionHome@Com

There's only been one legit "crash" in our history and that was 1929!.Www@QuestionHome@Com

I would say the Panic of 1837 was the first legit one!.Www@QuestionHome@Com