Stock Market Crash - 1929

Which of the following relate to the Stock Market Crash of 1929?

• Bear Market

• Bank Run

• High use of credit

• Overvalued stocks

• All answers

A Bull Market represents stocks that are

• continually declining

• being sold at a rapid pace

• continually rising and being bought

• all of the answers

A bear market symbolizes a market that is

• increasing and people are buying stocks

• decreasing and people are selling off their stocks

• staying the same

• all of the answers

A Bank Run occurs when

• people deposit all their money

• bank customers pull all their money out at once

• the bank runs away from the city

• all of the answers

In 2-3 sentences explain how the 'Roaring 1920s' assisted in leading to the Stock Market Crash of 1929.

Many people bought stocks based on the ________________ that stock prices would continue to rise, with no downturn in sight.

• collapse

• sadness

• speculation

• none of the answers

Which of the following characterize the Great Depression of the 1930s in America?

• Dust Bowl

• Hoovervilles

• Banks closing

• Migration of people from central to western U.S.

• All answers

During the Great Depression, unemployment

• began to increase

• began to decrease

• stayed the same

• all of the answers