The Wall Street Crash, which led to the Great Depression, occurred in 1929. Beginning with a steep decline in stock prices in late October, especially during the infamous dates of October 24 (Black Thursday) and October 29 (Black Tuesday), the crash signaled the start of a decade-long economic downturn. It resulted in widespread bank failures, business bankruptcies, and massive unemployment, drastically affecting the global economy. The crash and subsequent Great Depression highlighted the vulnerabilities in the financial system and led to significant policy changes, including the establishment of social safety nets and regulatory reforms aimed at preventing future economic crises.