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1929 Stock Market Crash Flashcards | StudBud
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1929 Stock Market Crash
1929 Stock Market Crash
5 terms
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StudBud Administration
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110 plays
# American Literature
Flashcards
5 cards
F
Practice quiz
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Host live
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Questions
5
Answers
1
How is the Stock Market Crash related to the Great Gatsby?
talks about people who spend more money than they need too
it's not related
It talks about the rich surviving and poor suffering
it talks about how Jay Gatsby survived the stockmarket crash
2
Who predicted the crash and shorted stocks to profit from the decline earning him 100,000,000$?
Jay Gatsby
Joseph Kennedy
Herbert Hoover
Jesse Livermore
3
What were the causes of the Stock Market Crash?
people stopped spending money
The FED artificially reducing interest rates
people kept spending more money than they needed to
the banks were stealing everyone's money
4
When did the Stock Market crash start?
On Green Friday, October 14, 1929.
on Black Thursday, October 24, 1929.
On Black Friday, October 14, 1929.
On Green Thursday, October 24, 1929.
5
Was the stock market crash the cause of the Great Depression?
Yes
It just led to a major economic crisis
No
