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May 4, 2023

[Answer] What name was given to the rapid stock market crash in 1987?

Step 1 : Introduction to the question "What name was given to the rapid stock market crash in 1987?"



...The largest-ever one-day drop in the Dow Jones Industrial Average occurred on October 19, 1987, and became known as “Black Monday.” The dire financial crash was precipitated by a number of events, including a large trade deficit, a drop in the value of the dollar, and unease in Asian and European markets.




Step 2 : Answer to the question "What name was given to the rapid stock market crash in 1987?"



Black Monday:


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