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The Great Depression Teaching Project ABR Flashcards | StudBud
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The Great Depression Teaching Project ABR
The Great Depression Teaching Project ABR
11 terms
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11 cards
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Questions
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Answers
1
This image represents what concept
Underconsumption
Overproduction
2
Review Question: What was the nickname for October 29th, 1929, the day when an incredibly high # of stocks were traded?
Black Thursday
Black Monday
Black Tuesday
White Thursday
3
Review Question: Who was the president during the stock market crash?
Franklin D, Roosevelt
Harry S. Truman
Herbert Hoover
Calvin Coolidge
4
Economic Bubbling is the practice of bolstering a stock until it peaks and "pops", sending it into a rapid decline
True
False
5
Review Question: The most recent economic bubble was the 2005 housing crisis
True
False
6
Approximately how many shares were traded on October 29th, 1929?
11 million
15 million
16 million
10 million
7
Which of these concepts is not involved with speculation?
Economic Bubbling
Buying on margin
Unreasonable Prices
Speculators
8
Overproduction is when:
The amount of supply and consumers is equal
There is neither supply nor consumers
The amount of supply outweights the consumers
The amount of consumers outweights the supply
9
What year did the stock market crash, leading to the great depression
1937
1927
1956
1929
10
What is Buying On Margin?
When people buy goods or services on sale
The act of paying full-price for any goods or services
When people buy stock without paying the full price
When people save their money instead of buying anything
11
What was the nickname for the day the stock market crashed.
Black Monday
Black Tuesday
Black Thursday
White Thursday
