The stock market crash that precipitated the Great Depression occurred in 1929, specifically on October 29, known as Black Tuesday. This crash marked the beginning of a decade-long economic downturn that affected countless lives and led to widespread unemployment, poverty, and significant social change. The impacts were felt globally, contributing to the dissolution of economies and the rise of extremist political movements in various countries. The repercussions of this crisis prompted governments to adopt economic and social reforms aimed at mitigating economic failures and preventing a recurrence of such a disaster in the future.