Trading activity at New York Stock Exchange in the 1920s

Trading activity at New York Stock Exchange in the 1920s

Assessment

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Business

University

Hard

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In the days leading up to Black Tuesday, despite efforts by financiers like Rockefeller and JP Morgan, investors rushed to sell their securities at any price. The panic, which had begun four days earlier, culminated in a massive market crash. Stock prices plummeted, and even the most secure investments became nearly worthless. In the final hour, millions of shares flooded the market, marking the inevitable crash.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the reaction of investors during the initial days of the stock market panic?

They were eager to buy more stocks.

They scrambled to sell their securities at any price.

They decided to hold onto their stocks.

They were indifferent to the market changes.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which prominent financiers attempted to stabilize the market during the panic?

Andrew Carnegie and Henry Ford

Elon Musk and Jeff Bezos

Rockefeller and JP Morgan

Warren Buffet and Bill Gates

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the general sentiment in the market as the panic escalated?

Investors were focused on long-term investments.

There was a balanced interest in buying and selling.

Everyone wanted to sell, and no one wanted to buy.

Investors were optimistic about future gains.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How did stock prices behave as the panic continued?

They remained stable.

They increased slightly.

They plummeted at a fantastic rate.

They showed minor fluctuations.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What happened to even the most secure investments during the final hours of Black Tuesday?

They became nearly worthless.

They remained unaffected.

They increased in value.

They were bought by the government.