Yellow Book EOC 13-17

When stock is sold, its value_____________.

• rises

• drops

• climbs

• gets higher

On a Thursday in 1929, the stock market began to crash because everyone was _____________

• selling their war bonds

• buying too many stocks

• selling all their stocks

• demanding a refund

The Great Depression was an economic slowdown in the 1920s and 1930s. Which of the following was one cause of the Great Depression in the United States?

• the end of the gold rush 
• the crash of the stock exchange 
• the ending of World War II 
• the high price of oil 

The Great Depression that began in 1929 hit farmers especially hard. Farmers had not been doing well in the 1920s and several years of severe drought turned the land into a "dust bowl." What was an immediate result of this?

• Many farmers decided to grow crops that did not use as much water. 
• The government built large dams in the West for irrigation. 
• Many farmers and their families lost their farms and moved west. 
• The government helped farmers by buying their land and equipment. 

Which of the following statements best describes what happened on Black Tuesday?

• Stock prices fell and the stock market crashed.
• Bank runs forced many banks to close their doors.
• Federal troops attacked the Bonus Army marchers.
• The Supreme Court ruled that the NRA was unconstitutional.

When the economy is expanding, leading to a rise in stock prices and increased investing, the market is described as a...

• DOW-JONES Cycle

• Bear Market

• Boom-Bust Cycle

• Bull Market

This is the process of taking money borrowed from the bank or a broker, and putting it into the stock market

• Buying on Margin 
• Speculation 
• Buying on Credit 
• Overconsumption 

A way of borrowing money from a bank or finance company so that you can have what you want and pay for it later

• Speculation 
• Buying on Credit 
• Buying on Margin 
• Overproduction 

This is the idea that the rich become richer, while the poor become poorer

• Black Tuesday 
• Speculation 
• Unequal distribution of wealth
• Buying on Credit 

Tags

CCSS.RF.3.3B

CCSS.RF.3.3C

CCSS.RF.3.3D

CCSS.RF.4.3A

CCSS.RF.5.3A

When a large number of customers line up to withdraw cash from deposit accounts from a financial institution

• Speculation 
• Black Friday 
• Bank Run 
• Underconsumption