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Mrs. Trentman Stock Market Crash

Total questions: 20

Worksheet time: 3mins

Name
Class
Date
1.

What is not a cause of the economic down turn of late 1920's?

a)

over production

b)

unemployment

c)

crop prices

d)

foreign interference

2.

How did industrialization help the American economy?

a)

The country had numerous modern factories that could produce desired goods

b)

More markets available tor the to BUY goods

c)

Cash Crops become highly sought after World War 1

d)

More markets available for them to SELL goods

3.

What is a stock?

a)

Becoming partners with a bank

b)

trading business assets amongst corporations

c)

ownership of a fraction of a company

d)

one business buying out a smaller one

4.

When an investor makes a 10% down payment on a stock, and puts the rest on credit, this is known as...

a)

Bull Market

b)

Bear Market

c)

Speculation

d)

Buying on Margin

5.

Ignoring the obvious risks, and buying stocks in hopes of making a quick and big profit is know as...

a)

speculation

b)

buying on margin

c)

bull market

d)

bear market

6.

If you take out a loan for $100, and must pay 5% interest, how much extra do you owe the bank?

a)

$.05

b)

$50.00

c)

$5.00

d)

$.50

7.

If you borrow $10,000 from the bank, and you are paying back 3% interest, how much extra do you owe?

a)

$3.00

b)

$300.00

c)

$30.00

d)

$33.00

8.

Black Tuesday happened on what date?

a)

Tuesday October 29, 1939

b)

Tuesday October 29, 1929

c)

Tuesday October 29, 1919

d)

Tuesday October 29, 1922

9.

True or False: 16 million stocks are sold and billions are lost.

a)

False

b)

True

10.

True or False: People were purchasing products that they could not afford.

a)

True

b)

False

11.

True or False: People used loans to get involved with the stock market.

a)

False

b)

True

12.

A time when the stock market is strong and doing well

a)

Bear Market

b)

Speculation

c)

Bull Market

d)

Buying on Margin

13.

______ is a percentage that someone must pay back ON TOP Of a loan

a)

Interesting

b)

Interest

c)

Interstate

d)

Intersect

14.

How long did the economic down turn called the Great Depresson last?

a)

15 months

b)

15 days

c)

15 years

d)

51 days

15.

What year did the stock market crash?

a)

1939

b)

1928

c)

1992

d)

1929

16.

This describes Black Tuesday

a)

the supreme court rules that the stock market is illegal

b)

federal troops attacked Wall Street

c)

stock prices fell and the stock market crashed

d)

bank runs forced many banks to close their doors

17.

A sudden dramatic decline of stocks prices, resulting in a significant loss of wealth

a)

speculation

b)

bull market

c)

bear market

d)

stock market crash

18.

Which of the following is NOT a reason for the Stock Market Crash

a)

Laissez-Faire Economics

b)

Speculation

c)

Bank Runs

d)

Buying on Margins

19.

In the year 1929 who was the President of the United States?

a)

Herbert Hoover

b)

Hoover Herbert

c)

Hoover Vacuum

d)

Herbert Hooper

20.

What year did World War 1 begin?

a)

1914

b)

1919

c)

1918

d)

1920