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The Stock Market Crash of 1929 Flashcards | StudBud
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The Stock Market Crash of 1929
The Stock Market Crash of 1929
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StudBud Administration
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Quiz for Haffley's class
Flashcards
10 cards
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Practice quiz
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Questions
10
Answers
1
How did the American stock market crash affect the rest of the world?
The USA's high tariffs made trade difficult
Nations dependent on the US for loans suffered
All of the above
Latin America couldn't receive goods
2
What was Black Tuesday?
The day the stock market crashed.
The day the Great Depression started.
The day after Thanksgiving when prices are lower.
3
Who was affected by The Great Crash?
Wealthy Investors
Average Citizens
All of the above
Bankers
4
What percentage of workers were unemployed?
24%
38%
30%
15%
5
On Black Tuesday, what was the highest rate at which stocks fell?
420 points per hour
20 points per hour
39 points per hour
21 points per hour
6
Who named The Great Depression?
Dow Jones
Herbert Hoover
Griffin McElroy
7
What percentage of the loan did Americans pay initially when buying on margin?
20-30%
5-10%
10-20%
30-40%
8
What was the highest Dow Jones Average during the 1920s?
567
1929
389
381
9
What was The Dow Jones Industrial Average?
An average of stock prices
Some dude
A company
A fundamentalist newspaper
10
What was the main cause of The Great Crash?
Bank Failures
Consumer borrowing
All of the above
An Unstable Economy
