When
Shares that people buy in return for a small ownership of that company
Stocks
What went out of business in the stock market crash?
Everything (especially banks)
What was the main cause of the Great Depression?
The Stock Market crash.
Who was the president when the stock market crashed?
Herbert Hoover
What is Black Tuesday?
The day the stock market crashed and billions of dollars were lost.
Public trading-places that exist for issuing, buying and selling stocks
The Stock Market
True/False: If you hadn't invested any money in stocks, you didn't lose any money in the stock market crash.
False
True/False. The Great Depression only effected happened in the United States.
False
*Surprise!* What state is Isabel from?
Extra 100 points if you can name her city as well!
Ann Arbor, Michigan.
What was the exact date of Black Tuesday?
October 29th, 1929
The biggest place where stocks are bought, sold, and traded
New York Stock Exchange / Wall Street
What did the banks do to peoples money without asking them?
Put their money into stocks
Name three effects of the Great Depression on someone's life
- Lose job
- Lose house / become homeless
- Lose life savings
- Panic/Anxiety/Fear
Put these events in order: The Great Depression, WWII, WWI, Black Tuesday, The Roaring Twenties (1920s)
WWI, The Roaring Twenties, Black Tuesday, The Great Depression, WWII
What is the name of the day when thousands of investors decided to sell their stocks?
Extra 100 points if you give the exact date.
Black Thursday. October 24th, 1929
an economic term that refers to a significant decline in general economic activity in a designated region.
A recession / A Depression
What is the name of the economic phenomenon that happens when there are more sellers than buyers?
Supply & Demand
When was the start and end of the great depression?
it started in 1930 and lasted until the late 1930s / middle 1940s.
What year was the Federal Deposit Insurance Company (FDIC) established?
1933
When were stocks at their peak?
August 1929
A fixed amount of money or compensation paid to an employee by an employer in return for work performed.
Salary
Many people took these types of money given out from banks which they were expected to pay back but never did. This resulted in many banks failing following the stock market crash.
Loans
Unemployment reached this number in the 1930's as a result of the Great depression.
What is 25%? (I'll accept 24-26%)
Who was the president that led the US out of The Great Depression?
Franklin D. Roosevelt