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Stock Mkt. Crash/G. Dep. Flashcards | StudBud

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Why did so many average people buy stocks in the 1920s?

Which of the following refers to the day the stock market crashed?

Stock Mkt. Crash/G. Dep.

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Stock Market Crash/G. Dep.

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Questions 10

Answers

1
Which of the following refers to the day the stock market crashed?
Black Tuesday
Black Friday
speculation
G. Dep.
2
Why did so many average people buy stocks in the 1920s?
many people were unemployed
too much regulation on banks
their investments in stocks would be safe
they got a great return on stocks
3
Who was president during MOST of the G. Dep. and WW II?
Teddy Roosevelt
Franklin D. Roosevelt
William Harding
Herbert Hoover
4
How were people buying & selling in the stock market during the 1920s?
on commission
speculation
cash only
through bank tellers
5
Buying stocks on margin meant
paying a little & borrowing the rest
buying all the stocks in credit
lay away plan
paying all cash
6
All of the reasons below were causes of the G. Dep. EXCEPT (which is false) for?
availability of easy credit
saving money in banks
unequal dist. of income
Crisis in the farm sector
7
This made American goods too expensive & backfired during the G. Dep. (passed in the 1930s).
Dawes Plan
Roosevelt Tariff
Hawley-Smoot Tariff
Fordney-McCumber Tariff
8
How did Hoover work with employers to help the economy?
used federal dollars to help the unemployed
lowered tariffs
closed the banks
asked them not to lay off or fire workers
9
What increased in the 1920's for famers?
Domestic demand for their crops
Their debt
Prices for their farm products
Foreign demand for their crops
10
What was the unemp. rate at the peak of the G. Dep.?
20%
25%
10%
15%