what caused black monday 1929 
black monday often refers to oct 28 1929 when stocks fell by 12 82 a few days earlier on black thursday stocks had already experienced a decline of 11 this precipitated the stock market crash of 1929 other causes of the crash were low wages increasing debt a struggling agricultural sector and an excess of large bank loans that could not be liquidated 3did people lose money on black monday yes black monday caused about 500 billion in losses when the dow jones industrial index fell 508 points in percentage terms it is the biggest ever one day stock market loss 