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Market Crash Flashcards | StudBud

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Market Crash

10 terms·StudBud Administration·837 plays

Ths Stock Market Xrash

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Questions 10

Answers

1
The activities om Black Thursday can best be described as
A massive sell-a-thon
A quiet day of trading
A normal response to trading
A postitive market day
2
What year did the stock market crash?
1929
1928
1931
1930
3
Easy credit proved not be bemeficial, why?
Not enough goods were produced to buy
People bought too many goods
People bought goods they could not afford
People didn't buy enough goods
4
One risky practice that led to an inflation of the stock market is
Not enough people buying stocks
Buying stocks at full price
Buying stocks on margin
Buying risky stocks
5
How much money was lost in a five day period from BLACK THURSDAY to BLACK TUESDAY
$3
$3,000
$3,000,000
$30,000,000
6
How did the overproduction of goods hurt the economy?
Business were devalued after holding unsellable products
Businesses sold products for cheaper
People worked longer hours for less pay
Managerial positons were phased out
7
Which of the following was not a cause of the stock market crash?
Uneven wealth distribution
Weak farming economy
Unemployment rates
Stock market speculation
8
Many people responded to the crash by
Trying to buy more stocks
Taking money out of the bank
Trying to sell their stocks
9
Stock can be best described as
A share in a company
An owner at a business
A manager at a business
An employee at a business
10
What causes a bank to fail?
irresponsible lending
the hours that banks are open
liquidation of assets
over consumption of money