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Wall Street Crash Flashcards | StudBud
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Wall Street Crash
Wall Street Crash
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Questions
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Answers
1
The US public were guilty of 'over-confidence' in the economy due to?
boom in exports since the war
the fall of the KKK
boom in construction and motor industry
low interest rates since 1925
2
What % of shares had to be paid with loans. This was known as 'trading on the margin.'
65%
60%
50%
75%
3
Who was the Governor of the FRB who died in 1928?
Andrew Mellon
Charles Lindbergh
Benjamin Strong
Herbert Hoover
4
The Wall Street Crash occurred in what year?
1929
1921
1928
1930
5
The Wall Street Crash arguably led to what in the 1930s?
the release of Gone with the Wind
World War II
Herbert Hoovers re-election in 1932
the Great Depression
6
Loans to stock market investors rose from $3.5 billion in 1927 to how much in 1929?
$4 billion
$1 trillion
$6 billion
$ 7 billion
7
The Presidents did little to help the over-inflating stock market. What was this known as?
Keynesian economics
Big Business
Protectionism
laissez-faire economics
8
The buying and selling of stocks, taking out loans and taking risks is also known as?
speculation
spending
gold standard
easy credit
9
A market that keeps on rising and rising is known as what?
A Booming Market
A load of old bull market!
A Great Bull Market
A Great Stock Market
10
Who were responsible for setting interest rates in USA?
Federal Farm Board
Federal Bureau of Investigation
Federal Reserve Board
Federal Income Tax
11
Clarence Hatry's financial empire collapsed after he was caught doing what?
embezzlement
selling fraudulent stock
unpaid taxes
Dancing on the ceiling
12
Which AS History course do you prefer?
USA 1890-1945
AS History?
They both make my ears bleed
Life in Nazi Germany
13
Which came first Black Tuesday or Black Thursday?
Black Tuesday
Black Thursday
14
What is easy credit?
unsecured loans with low interest rates
a share
high interest rates
over-spending
