In what year did the Wall Street Crash take place?

The Wall Street Crash took place in 1929 because of a combination of factors that led to an economic downturn. The stock market had experienced a sustained period of speculative buying, causing overvaluation of companies and their stocks. Additionally, there was excessive borrowing and buying on margin, a practice in which investors used borrowed money to purchase stocks. This resulted in a bubble that ultimately burst on October 24, 1929, known as "Black Thursday." The crash led to a rapid decline in stock prices, causing widespread panic among investors and triggering a severe economic recession, now recognized as the start of the Great Depression.