The Great Crash ends the Golden Twenties

Question 1

Why did Black Tuesday mark the beginning of the Great Depression?

Accepted Answer

It ended optimism and confidence in the U.S. economy., It ended one of the nations greatest bull markets

Question 2

What day marked the beginning of the Great Depression?

Accepted Answer

Black Tuesday

Question 3

Which country partially triggered the stock market crash?

Accepted Answer

Britain

Question 4

What was an effect of the stock market crash on ordinary citizens?

Accepted Answer

People lost homes and farms, Banks lost ordinary citizen's life savings, Workers were left jobless, Wages were cut

Question 5

How many US workers were left jobless by the end of 1930?

Accepted Answer

4 million

Question 6

What happened on Black Tuesday?

Accepted Answer

Panicked sellers traded over 16 million shares of stock

Question 7

What caused the stock market crash?

Accepted Answer

Overly high stock prices built only upon non-existent credit, Over-speculation

Questions 7