What nickname is often given to the stock market crash of 1929, which affected Herbert Hoover's presidency?

Study for the Praxis II US History / World History Exam. Prepare with flashcards and multiple-choice questions, each with hints and explanations. Excel in your test day!

The Great Depression is the name most commonly associated with the stock market crash of 1929, marking a severe and prolonged economic downturn that lasted for a decade. This event is characterized by a significant decline in stock prices, leading to widespread bank failures, high unemployment rates, and a devastating impact on both the American economy and the global financial system.

While the other options refer to various aspects of economic history, they do not capture the specific significance of the stock market crash in 1929. "The Roaring Twenties" describes the preceding prosperous decade known for its economic growth and cultural change, rather than the subsequent fallout. "The Wall Street Panic" might allude to the immediate shock of the crash but lacks the broader connotation of sustained decline that the term "The Great Depression" embodies. "The Economic Collapse" is too vague and does not have the same historical significance or recognition as "The Great Depression," which is a key term in understanding the economic history of the United States during that era.

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