This Day In History, October 24th.
Five Historical Events That Happened on October 24th
1795: The Third Partition of Poland: The Third Partition of Poland was completed on October 24, 1795. The Polish-Lithuanian Commonwealth was finally divided between the Kingdom of Prussia, the Russian Empire, and the Habsburg Monarchy, resulting in the absence of the Polish state for almost a century.
"Black Thursday" in 1929. Stock Market Crash: October 24, 1929, is known as "Black Thursday" and marked the start of the 1929 Wall Street Crash, which led to the Great Depression. The stock market saw a dramatic drop in values, sparking widespread fear and triggering a worldwide financial catastrophe.
The United Nations is established in 1945: The United Nations (UN) was formally established on October 24, 1945. The United Nations was established to promote international collaboration, maintain peace and security, and address global concerns. It succeeded the League of Nations and is still an important international organization today.
Concorde's Last Commercial Flight: On October 24, 2003, the Concorde supersonic airplane made its final commercial flight. The Concorde of British Airways and the Concorde of Air France were iconic icons of technical innovation and luxury air travel. However, a combination of factors, including high costs and the crash of Air France Flight 4590 in 2000, resulted in the Concorde fleet's retirement.
China's One-Child Policy is repealed in 2015: The Chinese government announced the end of its contentious one-child policy, which had been in place since 1979, on October 24, 2015. The program was intended to slow population increase, but it had far-reaching social and demographic implications. The new policy permitted Chinese couples to have two children, signaling a dramatic shift in the country's family planning laws.
On October 24, 1795, the Third Partition of Poland was finalized. This event marked the final division of the Polish-Lithuanian Commonwealth between the Kingdom of Prussia, the Russian Empire, and the Habsburg Monarchy, resulting in the disappearance of the Polish state for over a century.
The Polish-Lithuanian Commonwealth had been in decline for decades owing to internal political strife and external pressures from surrounding nations when the Third Partition of Poland occurred. The division was carried out by the Kingdom of Prussia, the Russian Empire, and the Habsburg Monarchy, which split the Commonwealth's remaining territory among themselves. For more than a century, this event represented the end of Polish independence, as the country was wiped off the map and its land was incorporated into the empires of its neighbors. Poles despised the split, and it remains a key event in Polish history.
October 24, 1929, is commonly referred to as "Black Thursday" and marked the beginning of the Wall Street Crash of 1929, which led to the Great Depression. The stock market experienced a significant decline in prices, causing widespread panic and triggering a financial crisis that had global repercussions.
The stock market crash of October 24, 1929, popularly known as "Black Thursday," was a major event that precipitated the 1930s Great Depression. The New York Stock Exchange saw a major sell-off on that day, with panicked investors racing to liquidate their holdings. This resulted in a significant drop in stock values, setting off a chain reaction of financial losses and bankruptcies that impacted the whole economy. The catastrophe took away billions of dollars in wealth and contributed to a multi-year global economic depression. The Great Depression had far-reaching social, political, and economic ramifications, including the emergence of authoritarian regimes, the growth of labor unions, and the establishment of welfare states.
On October 24, 1945, the United Nations (UN) officially came into existence. The UN was formed with the goal of promoting international cooperation, maintaining peace and security, and addressing global issues. It replaced the League of Nations and remains a vital international organization to this day.
The United Nations (UN) was established on October 24, 1945, to replace the League of Nations. In the aftermath of World War II, the United Nations was founded with the objective of fostering international collaboration, maintaining peace and security, and tackling global concerns. It has now grown into a major international organization, with 193 member countries cooperating on a variety of topics such as human rights, international law, economic growth, and environmental preservation. The United Nations also has a number of specialized organizations and programs, such as the World Health Organization (WHO), the United Nations Children's Fund (UNICEF), and the United Nations Development Programme (UNDP), that focus on specific issues. The United Nations is still an important institution today, affecting international relations and solving global concerns.
October 24, 2003, marked the final commercial flight of the Concorde supersonic airliner. British Airways' Concorde, along with Air France's Concorde, had been iconic symbols of technological advancement and luxury air travel. However, a combination of factors, including high costs and the crash of Air France Flight 4590 in 2000, led to the retirement of the Concorde fleet.
The final commercial flight of British Airways' Concorde from New York City to London took place on October 24, 2003, signaling the end of an era in air travel. Since its introduction in the 1970s, the Concorde has been an iconic symbol of technological advancement and luxury air travel, but its high costs and declining popularity forced its retirement. The disaster of Air France Flight 4590 in 2000, which killed all 109 on board as well as four individuals on the ground, also influenced the decision to retire the Concorde fleet. Despite its brief operating life, the Concorde is considered a notable technological achievement and a symbol of innovation in aviation history.
On October 24, 2015, the Chinese government announced the end of its controversial one-child policy, which had been in effect since 1979. The policy was aimed at curbing population growth but had significant social and demographic consequences. The new policy allowed Chinese couples to have two children, marking a significant shift in the country's family planning regulations.
The Chinese Communist Party formally declared the end of the one-child policy, which had been in existence for more than three decades, on October 29, 2015. The policy, which barred most urban couples from having more than one child and permitted rural couples to have a second child if their first was a girl, was designed to rein in China's population growth, which had skyrocketed in the decades after the Communist revolution. The approach, however, has severe social and demographic implications, such as a gender imbalance, an aging population, and a diminishing workforce. The new policy permitted all Chinese couples to have two children, a substantial departure in the country's family planning restrictions.