Question
What was the condition of many major companies on Tuesday, October 29, 1929?
They had lost much of their value.
They had stopped selling stock.
They were unaffected by the crash.
They were still making good money.
They had lost much of their value.
They had stopped selling stock.
They were unaffected by the crash.
They were still making good money.
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Answered by
GPT-4o mini
On Tuesday, October 29, 1929, which is known as Black Tuesday, many major companies had lost much of their value. This day marked a significant stock market crash, leading to a dramatic decline in stock prices and a widespread loss of wealth. As a result, the companies saw their market value plummet.
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