Stock Market Crash Doodle Notes

By the end of the 1920's times were good because

• most people had jobs

• many people could buy things like cars and homes on credit

• farmers were struggling to make it

• answers a & b

Why did many factories have to lay off many of their workers?

• Their products were no longer needed in the 1930's.

• The workers were not working the way they should have been.

• The factories were producing more goods than they were able to sell.

If you own a share of a stock,

• you are part owner of that company.

• you can run the company.

• you can hire and fire people to work at the company.

• you have an office at the company.

If a company does really good,

• their stock goes up.

• their stock goes down.

If a company does poorly,

• their stock goes up.

• their stock goes down.

What date did the stock market crash?

• November 27, 1976

• July 16, 1928

• October 21, 1921

• October 29, 1929

What is another name for the day that the stock market crashed?

• Blue Wednesday

• Black Friday

• Black Tuesday

• Red Monday

Because the stock market crashed,

• many people lost ALL of their money.

• many people went out and bought all they could afford.

• many people moved to the country.

Many people had bought their stocks on ______ , or borrowed their money from the bank.

• checks

• credit

• debit

When the stock market crashed, many people could not pay back their loans which made

• people run through the streets screaming.

• buildings crumble to the ground.

• banks go broke.

• cars break down in the street.