Stock Market Crash of 1929 Quiz

What event occurred on October 29, 1929, leading to the Great Depression?

• D. The New Deal programs

• C. World War II

• B. The Stock Market Crash

• A. The Dust Bowl

What was the cause of the stock market crash of 1929?

• C. Stable agricultural sector

• B. Rapid expansion and wild speculation

• D. Decrease in unemployment

• A. High wages and low debt

How many shares were traded on the New York Stock Exchange on Black Tuesday?

• B. 16 million

• D. 25 million

• C. 20 million

• A. 12 million

What was the value of stocks by 1932 compared to the summer of 1929?

• C. 100% of the value

• A. 50% of the value

• D. 20% of the value

• B. 75% of the value

What percentage of the U.S. workforce was unemployed during the Great Depression?

• B. 20%

• A. 10%

• C. 30%

• D. 40%

What was the nickname given to the area with ruined crops due to storms and severe drought?

• B. The Great Plains

• C. The Arid Region

• D. The Barren Lands

• A. The Dust Bowl

What helped bring an end to Prohibition during the Great Depression?

• C. Legalizing alcohol consumption

• D. Legalizing prostitution

• B. Legalizing drug use

• A. Legalizing gambling

When did the Dow Jones Industrial Average return to its pre-1929 heights?

• D. 1972

• C. 1960

• B. 1954

• A. 1945

What was the main purpose of the New Deal programs enacted by President Franklin D. Roosevelt?

• A. To increase taxes

• B. To decrease government spending

• D. To promote free market economy

• C. To lessen the effects of the Great Depression

What revitalized American industry after the Great Depression?

• A. World War I

• D. The Vietnam War

• B. World War II

• C. The Korean War