Great Crash

Great Crash

1. Three trading days where the New York Stock Exchange lost a significant amount of value very quickly. The Great Crash presaged the Great Depression, though it had already started in some areas. See also: Black Thursday, Black Monday, Black Tuesday.

2. An alternative (and slightly inaccurate) term for the Great Depression.

Great Crash

The major declines in economic activity and stock prices that occurred in 1929 and the early 1930s.
References in classic literature ?
Only a faint gleam here and there; the half-consciousness of a young, uneventful existence; and then a great crash.
Her middle structure, covered by the bridge which bore him, his mate, the closed wheelhouse where a man was steering shut up with the fear of being swept overboard together with the whole thing in one great crash -- her middle structure was like a half-tide rock awash upon a coast.
And certainly there was a most extraordinary noise going on within--a constant howling and sneezing, and every now and then a great crash, as if a dish or kettle had been broken to pieces.
O, my good man, there was first a great crash, and then a great stillness, and that stillness seems to be fixed and unchangeable, never to be broken any more as long as my life lasts.
But the chief feature of this part of the show was a huge allegorical device, borne among the ship-carpenters, on one side whereof the steamboat Alcohol was represented bursting her boiler and exploding with a great crash, while upon the other, the good ship Temperance sailed away with a fair wind, to the heart's content of the captain, crew, and passengers.
Grimwig, who had been affecting to dip into a large book that lay on the table, upset it with a great crash, and falling back in his chair, discharged from his features every expression but one of unmitigated wonder, and indulged in a prolonged and vacant stare; then, as if ashamed of having betrayed so much emotion, he jerked himself, as it were, by a convulsion into his former attitude, and looking out straight before him emitted a long deep whistle, which seemed, at last, not to be discharged on empty air, but to die away in the innermost recesses of his stomach.
Inside the house there was a great crash and splash, and the noise of a pail rolling over and over.
When the great crash came--the announcement of ruin, and the departure from Russell Square, and the declaration that all was over between her and George--all over between her and love, her and happiness, her and faith in the world--a brutal letter from John Osborne told her in a few curt lines that her father's conduct had been of such a nature that all engagements between the families were at an end--when the final award came, it did not shock her so much as her parents, as her mother rather expected (for John Sedley himself was entirely prostrate in the ruins of his own affairs and shattered honour).
After dragging at the assailant, he fell on the bank with him, and then there was another great crash, and then a splash, and all was done.
I sprang up and drew the bow and arrows out of the ground, and with the third shot the horseman fell with a great crash into the sea, which instantly began to rise, so rapidly, that I had hardly time to bury the horse before the boat approached me.
Then into the expectant hush came a great crash and uproar, the breaking down of the Brooklyn Bridge, the rifle fire from the Navy Yard, and the bursting of bombs in Wall Street and the City Hall.
We came within a whisker of that in the great crash of 2008, and it's not fully appreciated what would have happened had Gordon Brown not bailed out the banks to keep them afloat.

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