Stock Market Crash

What is the nickname for the day the stock market crashed?

• Black Friday

• Black Tuesday

• D-day

People can make money by buying stock at a low price and ______________________ it at a higher price.

• selling

• buying more

• keeping it forever

The stock market crash of 1929 was the beginning of ______

• The Great Depression

• The Roaring 20's

• World War II

The FDIC insures that when you put your $$ in the bank

• you can always get it back

• it will grow to be more $$

• the stock market will never crash again

The Great Depression last

• for about 10 years (until the 1940s)

• for about a year

• for 23 years

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

Who was President when the Stock Market crashed?

• Wilson

• Hoover

• FDR

Americans enjoyed a time of great ___________ during the 1920s

• wealth

• suffering

• instability

In order to recover from the Great Depression, people just needed to get a job

• False

• True

What happened when the price of stocks went down ?

• people wanted to buy them because they were on sale!

• people lost a lot of $$