Black Monday

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On 19 October 1987, a substantial decline in the stock value was recorded due to which it was treated as black Monday in the history. This day, which represented the biggest fall in DJIA, is known as Black Monday... The fall in the US markets triggered a fall in the global markets. Black Monday is also used to describe the stock market crash that happened on 28 October 1929.

Term of the day

Absolute Advantage

What is an Absolute Advantage? Absolute advantage is one of the key macroeconomic terms, which is based on the principles of Capitalism and is often utilised i......
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