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History
9th -
12thgrade
Stock Market Crash of 1929 and the Great Depression
31 questions
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- 1. Multiple Choice
What is the nickname for the day the stock market crashed?
Black Friday
Black Tuesday
D-day
- 2. Multiple Choice
People can make money by buying stock at a low price and ______________________ it at a higher price.
selling
buying more
keeping it forever
- 3. Multiple Choice
The stock market crash of 1929 was the beginning of ______
The Great Depression
The Roaring 20's
World War II
- 4. Multiple Choice
The Great Depression last
for about 10 years (until the 1940s)
for about a year
for 23 years
- 5. Multiple Choice
What will happen when people lose all of their money in the stock market crash?
they will not have enough $ for food
they will not be able to pay for their housing
there won't be enough jobs
all of these will happen
- 6. Multiple Choice
Who was President when the Stock Market crashed?
Wilson
Hoover
FDR
- 7. Multiple Choice
Americans enjoyed a time of great ___________ during the 1920s
wealth
suffering
instability
- 8. Multiple Choice
What happened when the price of stocks went down ?
people wanted to buy them because they were on sale!
people lost a lot of $
- 9. Multiple ChoiceWhat is the stock market?A place to buy and sell stock.A business located on Main Street New YorkA place where people go when they are unemployed.A place where the dust bowl took place.
- 10. Multiple ChoiceIn 1929, the United States entered an economic slowdown called the Great Depression. One of the early events was the stock market crash. What was a major cause of the stock market crash?Stock prices went up so fast that investors could not keep up with the changes.Stock prices fell, investors panicked and sold their stocks, which led to more panic.The government decided to close the stock market in New York.People decided to invest their money in stock markets in Europe.
- 11. Multiple ChoiceThe aftermath of the Stock Market Crash of 1929 includedthe closing of bankslow rate of unemploymentcredit bailoutscircuit breakers
- 12. Multiple ChoiceHow did the 1929 stock market crash affect the United States economy in the 1930s?Unemployment reached its highest level in United States history.Congress voted to reject New Deal policies.Stock prices were higher than investors could afford.Agriculture replaced manufacturing as the primary industry.
- 13. Multiple ChoiceBefore the stock market crash of 1929, economists believed that the United States had entered a new era in whichEveryone could be rich.No one would be rich.Everyone would have the same amount of money.Very few would be wealthy.
- 14. Multiple ChoiceWhen stock market prices plummeted in 1929,brokers' investments were securemillions bought into stocksstocks bought on margin were being soldonly savings in banks were secure
- 15. Multiple ChoiceWhat does it mean to buy stocks on margin?buying the stock for someone elsepurchasing the stock outside the regular stock exchangepaying less than the market price of the stockborrowing money to help pay for the stock
- 16. Multiple ChoiceThe stock market was an attractive gamble for thousands of Americans during the late 1920s becauseBanks did not pay interest on savings accounts.There was a shortage of goods.There was a much higher return in stocks than in savings.Most Americans were out of work.
- 17. Multiple ChoiceOctober 29th, 1929Black MondayBlack TuesdayBlack WednesdayBlack Friday
- 18. Multiple ChoiceWhich was an immediate consequence of the Stock Market crash in 1929?Clients attempted to withdraw their money from the banksInvestments were made with borrowed moneyBankruptcies increased as businesses failedThere was an excessive expansion of credit
- 19. Multiple ChoiceIf stock prices dropped, brokers could force investors to repay their loans if the investors wereinstallment buyingOkiesbuying on the marginmembers of a cooperative
- 20. Multiple ChoiceWhen people went to the bank to withdraw their money and the banks had no money was known as theBank CrisisBlack TuesdayStock Market CrashNew Deal
- 21. Multiple ChoiceThe collection of markets and exchange where the issuing and trading of equities, bonds and other sorts of securities takes place.MarginNew DealDeficit SpendingStock Market
- 22. Multiple ChoiceThe name given to the programs enforced by FDR to ensure relief, recovery and reform.Stock MarketGreat DepressionMarginNew Deal
- 23. Multiple ChoiceThis President enforced both New Deals and saw America through the Great Depression and World War II.EisenhowerTrumanHooverRoosevelt
- 24. Multiple ChoiceA time in America following the roaring 20's where America experience rising unemployment that did not end until the onset of World War II.New DealRoaring 20'sGreat DepressionCold War
- 25. Multiple ChoiceWhat percentage of Americans were unemployed in 1933?25%35%50%2%
- 26. Multiple Choice
A portion of ownership in a company that is bought or sold publicly
Good
Demand
Stock
Mortgage
- 27. Multiple Choice
How do you make money in the stock market?
Buy at a high price and sell at a lower price
Hold on to it forever
Buy at a low price and sell at a higher price
Buy and sell different stocks every day
- 28. Multiple Choice
Using a bank loan to purchase stocks is called
Perceived Value
Buying on Margin
Mortgage
Default
- 29. Multiple Choice
In the 1920s, advertising and credit led to:
An increase in demand
Inability to get loans
Lower prices
Default
- 30. Multiple Choice
A sustained long-term downturn in the economy
Depression
Recession
- 31. Multiple Choice
When the bank seizes property because you haven't repaied your loan
Foreclosure
Deflation
Surplus
Overproduction
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