Events with tag - Stock Market Crash

September 6, 1717

Mississippi Company

A French colonial trading company founded by John Law in 1717, granted exclusive trading rights in Louisiana Territory by King Louis XV. It experienced rapid growth before collapsing in 1720 during the Mississippi Bubble crisis.

May 1, 1720

The Mississippi Bubble

The Mississippi Bubble of 1720 was one of history's first major financial crashes, occurring when John Law's speculative banking scheme and the Mississippi Company's shares collapsed, devastating the French economy.

October 29, 1929

The Great Depression Peak Unemployment

The Great Depression reached its devastating peak in 1933 with an unprecedented 24.9% unemployment rate, leaving 15 million Americans jobless in the worst economic crisis of modern history.

October 29, 1929

The Great Depression

The Great Depression was the worst economic downturn in US history, beginning with the stock market crash of 1929 and ending between 1939-1941 due to World War II's massive industrial mobilization.

October 29, 1929

Great Depression Begins

The Great Depression began with Black Tuesday on October 29, 1929, when the stock market crashed, leading to the most severe economic downturn in modern history. The crisis spread globally, causing widespread unemployment, mass poverty, and profound social changes that would reshape society for decades.

June 6, 1934

SEC Establishment

President Franklin D. Roosevelt established the Securities and Exchange Commission (SEC) by signing the Securities Exchange Act into law, creating the first federal regulatory agency for securities markets in response to the 1929 stock market crash.