Stock Market Crash Trivia
What day in October did the stock market crash in 1929?
October 24th.
How did the stock market crash affect the Great Depression?
It made the Great Depression worse by causing most people to lose money.
Two key causes that led to the crash of 1929.
Over inflated prices and over speculation.
What effects did future generations experience after the crash, specifically in jobs.
Rise in unemployment.
The period of time from 1920-1929 is known as?
The Roaring Twenties.
The Thursday that the stock market crashed is called?
Black Thursday.
Steel output decreased by around how many tons in September compared to August? (In 100,000's)
What is one of the less significant causes of the crash?
Monetary Policies.
What major event in history did the crash trigger?
How did the Roaring Twenties lead to stock market crash?
People accumulated massive debts through the use of credit.
What is the stock market crash known as?
The Wall Street Crash.
One out of every how many people were unemployed after the stock market crashed?
They were valued around 11% of their value before the stock market crashed.
The stock market did what before it crashed?
What did the crash of 1929 and the Great Depression lead to the creation of?
The New Deal and Social Security.
What event marked the end of the Roaring Twenties?
The Wall Street Crash/Stock market crash
How much of the world did the stock market crash of 1929 affect?
The entire world was affected by the stock market crash.
Around how many banks closed after the stock market crashed in 1929?
Around 9,000 banks.
How did the government affect the crash of the stock market?
By increasing interest rates before the market crashed.
How did the crash affect Europe?
The stock market crashing in the US disrupted trade and monetary values in Europe.
How did the spending of money change during the Roaring Twenties?
They shifted to a consumer based economy.
How long did it take for the economy to recover from the stock market crash?
Around 25 years.
How much were stocks worth after the stock market crash?
They were valued around 11% of their value before the stock market crashed.
One of the most significant causes of the stock market crash was?
Over speculation of stock prices.
The stock market crash caused the average American's wage to rise or fall?
The average american's wage fell
How were the Roaring Twenties a key part in the crash of the stock market?
During the economic prosperity of the Roaring Twenties people invested lots of money in the stock market which eventually crashed in 1929.