From the infamous Great Depression of 1929 to the market crash after COVID-19 outbreak; which are the top 5 market crashes?
The Great Depression (1929) : The most severe financial crisis in history, triggered by the Wall Street Crash led to bankruptcies, unemployment & economic hardship.
Black Monday (1987) causing panic selling and triggering a global recession, the stock markets worldwide experienced a significant crash.
Dot-Com Bubble Burst (2000) The dot-com bubble burst which was fueled by excessive speculation in internet-based companies, stock prices went high and then declined.
Global Financial Crisis (2008) After the collapse of Lehman Brothers in September 2008, the bursting of the US housing bubble led to the subprime mortgage crisis.
COVID-19 Pandemic Crash (2020) After the outbreak, followed by lockdowns & restrictions on various economic activities, stock markets worldwide experienced a significant crash.
In India the market had seen some crashes after the Harshad Mehta scam came out or 2004 election results, but they were not very severe.
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