. What event occurred on Black Tuesday? (1 point)Unemployment reached nearly 25 percent.
The Federal Reserve lowered interest rates.
Investors sold more than 16 million shares of stock.
Germany stopped reparation payments to the United States.

Respuesta :

On Black Tuesday the event that happened was that the investors sold more than 16 million shares of stock. the correct option among all the options that have been already given in the question is the third option. It was the biggest stock market crash that the united States have seen in a single day. The date when this happened was 29th of October in the year 1929.

On Black Tuesday investors sold more than 16 million worth  shares.

Further Explanation:

Black Tuesday of October 29th, 1929 was the worst day for the Stock market of America. The day saw the highest recorded crash of Stock exchange in New York. The stock crash can also be marked as the initiation of the Great Depression that United States face on the same year. It was the worst economic depression that United States had ever faced. The depression not only shattered the American economy but also took many lives as it created the scarcity of food and money for the native citizens.

Because of the shattering result of the World War I all the nations were facing financial issues and the stock made it more devastating for the economy of The United States. Most of Europe and the USA were in the grasps of the Great Depression, leaving many jobless.

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Answer Details

Grade: High School

Subject: History

Chapter: Black Tuesday

Keywords: Black Tuesday, Stock market, Stock exchange, New York, Great Depression, economic depression, scarcity,World War I, United States,jobless.