October 1929 marked a significant turning point in American history, as it was the month when the stock market crash occurred, leading to the onset of the Great Depression. The crash began on October 24, known as Black Thursday, when panic selling led to a dramatic drop in stock prices, causing widespread financial turmoil. The aftermath of the crash had devastating effects on the economy, resulting in massive unemployment and a decline in industrial production. This event not only affected the United States but also had global repercussions, reshaping economic policies and leading to a reevaluation of financial regulations worldwide.