Stock Markets Crash on "Black Tuesday"

1929

Stock market crashes on Black Tuesday

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Also Within this year in history

The final year of the Roaring Twenties, 1929 is etched in history as the year of the great stock market crash that launched a worldwide Great Depression, wiping out jobs, savings and housing security for millions. But 1929 was eventful in other respects, too: The Graf Zeppelin made the first nonstop flight around the world, Hollywood celebrated its own with the first-ever Academy Awards and the first car radio was introduced, bringing a whole new dimension to road tripping.

Feb

26

Early 20th Century U.S.

Grand Teton National Park is established

In a controversial move that inspires charges of eastern domination of the West, Congress establishes Grand Teton National Park in Wyoming.

Jackson Lake, Snake River and Mount Moran in the Grand Teton National Park, Wyoming, USA, circa 1965. (Photo by Harvey Meston/Archive Photos/Getty Images)

Getty Images

May

16

Arts & Entertainment

First Academy Awards ceremony

On May 16, 1929, the Academy of Motion Picture Arts and Sciences hands out its first awards, at a dinner party for around 250 people held in the Blossom Room of the Roosevelt Hotel in Hollywood, California.

NEW YORK – FEBRUARY 25: Overview of Oscar statues on display at “Meet the Oscars” at the Time Warner Center on February 25, 2010 in New York City. (Photo by Andrew H. Walker/Getty Images)

Getty Images / Andrew H. Walker

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