A large single-day decline in the stock market occurred on Monday, October 19, 1987, popularly referred to as "Black Monday." On this day,the Dow Jones Industrial Average (DJIA), declined by 23%, and other market indexes declined by roughly the same amount. While several potential reasons for the crash were identified, no unambiguous conclusions resulted. One clear dynamic for the price decline, however, did exist. Describe this dynamic and what stock market policy resulted.

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The Answer of A large single-day decline in the stock market occurred on Monday, October 19, 1987, popularly referred to as "Black Monday." On this day,the Dow Jones Industrial Average (DJIA), declined by 23%, and other market indexes declined by roughly the same amount. While several potential reasons for the crash were identified, no unambiguous conclusions resulted. One clear dynamic for the price decline, however, did exist. Describe this dynamic and what stock market policy resulted.

A Large Single-Day Decline in the Stock Market Occurred on Monday