Which incident is associated with Black Tuesday?

Appeared in: DSSSB - 29 August 2019 (Shift-1)

Explanation

"Black Tuesday" is the historical name for October 29, 1929, the day the United States stock market experienced a catastrophic crash.
This event is widely considered the starting point of the Great Depression, a decade-long period of severe worldwide economic downturn.
On this day, a frantic sell-off led to the trading of a record 16.4 million shares, causing stock prices to plummet and wiping out the fortunes of many investors.

Option B: Black Tuesday was a financial crisis, not an act of terrorism. While other dates in history are associated with terrorism, this specific term refers to an economic event.
Option C: This is the opposite of what happened. The stock market crash triggered the Great Depression, which led to a massive contraction and decline in industrial production, not growth.
Option D: This is also the opposite of what occurred. The Great Depression caused a collapse in commodity prices and consumer demand, which severely damaged primary industries like agriculture and mining.

Clinical Relevance

Nursing practice connection: This is primarily an exam-oriented knowledge point with limited direct bedside application, so retain World History and Economic Events as background academic context rather than a clinical decision trigger.
Understanding major economic events like the Great Depression is important as they have profound and lasting effects on public health, social welfare systems, and government policy.
Economic instability can lead to widespread unemployment, poverty, and stress, which are significant social determinants of health.
The societal response to the Great Depression led to the creation of social safety nets (like Social Security in the U.S.) that are still relevant to healthcare and social support today.

How to Approach the Question

Identify the key historical term in the question: 'Black Tuesday'.
Recognize this as a factual recall question about a major 20th-century event.
Access your knowledge of world history, specifically the economic history of the United States.
Evaluate each option against the definition of Black Tuesday.
The term 'Stock market crash' is the direct and famous definition of Black Tuesday.
Eliminate the other options: 'terrorist attack' is the wrong type of event, and 'growth' in industries is the opposite of the economic collapse that occurred.

Concept Tested & Keywords

QeTXZ6rV6Krur9N7pfLWVF

Practise the full DSSSB - 29 August 2019 (Shift-1)

Attempt every question from this paper in a timed mock, then review the full solution for each one.