Stock Market Crashes

What is a stock market crash?

• when one or two stocks drop signifiicantly
• slow decrease in stock prices over a year
• rapid but anticipated drop in stock prices
• rapid and unanticipated drop in stock prices

The first major stock market crash happened in

• 1875
• 1929
• 1955
• 1987

A stock market crash can be brought on by 

• major catastrophic event
• economic crisis
• collapse of a stock bubble
• all of these

The beginning of the stock market (Buttonwood Agreement) began in 

• early 1700s
• late 1700s
• early 1800s
• late 1800s

The New York Stock Exchange began in 

• 1792
• 1817
• 1895
• 1929

What is a "bank run?"

• another name for the Buttonwood Agreement
• when a large group of people try to go and withdraw their money from their bank at one time
• when the bank runs out of money
• when a large group of people make considerable bank deposits

What is "buying on a margin?"

• Buying lots of stocks
• Buying stocks then selling them the next day
• Buying stocks on borrowed money
• Buying stocks for hopes of making a high ROI

The largest one day drop in stock market history was on 

• Black Monday
• Black Tuesday
• Black Friday
• Black Sunday

Which US President helped create the FDIC which is still protecting bank money today?

• George Washington
• Thomas Jefferson
• Ben Franklin
• Franklin Roosevelt

Currently, the FDIC insures depositors money for up to 

• $50,000
• $150,000
• $250,000
• unlimited