- 1. When did the US Stock Market Crash of 1929 occur?
A) June 1930
B) March 1933
C) October 1929
D) November 1940
- 2. Which event is often seen as the trigger for the US Stock Market Crash of 1929?
A) Green Thursday
B) Red Wednesday
C) Blue Monday
D) Black Tuesday
- 3. What is the common term used to refer to the period of severe economic downturn following the US Stock Market Crash of 1929?
A) Roaring Twenties
B) Industrial Revolution
C) Great Depression
D) Golden Age
- 4. Which US President was in office during the US Stock Market Crash of 1929?
A) Herbert Hoover
B) Calvin Coolidge
C) Woodrow Wilson
D) Franklin D. Roosevelt
- 5. What term is used to describe the practice of buying stocks with borrowed money in the hope of making a quick profit?
A) Margin trading
B) Short selling
C) Long-term investing
D) Hedging
- 6. Who was the Chairman of the Federal Reserve during the US Stock Market Crash of 1929?
A) Roy Young
B) Ben Bernanke
C) Alan Greenspan
D) Janet Yellen
- 7. What term describes an investor who sells borrowed securities in anticipation of buying them back later at a lower price?
A) Day trader
B) Long investor
C) Short seller
D) Arbitrager
- 8. What term is used to describe a sudden and severe drop in the value of a market or asset?
A) Rally
B) Crash
C) Boom
D) Correction
- 9. Who is known for making a fortune by short selling stocks just before the US Stock Market Crash of 1929?
A) Warren Buffett
B) Jesse Livermore
C) George Soros
D) John D. Rockefeller
- 10. Which term refers to a situation where the stock market as a whole is rising in value over time?
A) Bull market
B) Down market
C) Sideways market
D) Bear market
- 11. What term describes an asset or investment that represents ownership in a corporation?
A) Bond
B) Commodity
C) Stock
D) Derivative
- 12. During the US Stock Market Crash of 1929, what event occurred on October 24, 1929, and is often seen as the beginning of the crash?
A) Black Thursday
B) Bloody Monday
C) Grey Wednesday
D) Orange Friday
- 13. Which term refers to a situation where the stock market as a whole is declining in value over time?
A) Sideways market
B) Bear market
C) Bull market
D) Up market
- 14. Who wrote the book 'The Great Crash 1929' which analyzes the lead-up to the US Stock Market Crash and its aftermath?
A) Adam Smith
B) John Maynard Keynes
C) John Kenneth Galbraith
D) Milton Friedman
- 15. Which term refers to the practice of buying and selling financial instruments within the same trading day?
A) Swing trading
B) Position trading
C) Scalping
D) Day trading
- 16. What government agency was established to regulate the US securities industry in response to the US Stock Market Crash of 1929?
A) Securities and Exchange Commission (SEC)
B) Commodity Futures Trading Commission (CFTC)
C) Federal Reserve System
D) Financial Industry Regulatory Authority (FINRA)
- 17. What term refers to the practice of spreading investments across different types of assets to reduce risk?
A) Diversification
B) Leverage
C) Concentration
D) Speculation
- 18. Who served as the Secretary of the Treasury during the US Stock Market Crash of 1929?
A) William McAdoo
B) Andrew Mellon
C) Carter Glass
D) Henry Morgenthau Jr.
- 19. Which index dropped more than 23% on Black Monday in 1987?
A) NASDAQ Composite Index
B) Russell 2000 Index
C) Dow Jones Industrial Average
D) S&P 500
- 20. Which financial institution filed for bankruptcy in 2008, leading to the stock market crash?
A) Lehman Brothers
B) Goldman Sachs
C) JPMorgan Chase
D) Morgan Stanley
- 21. Which country was also affected by the US stock market crash of 1929?
A) Brazil
B) Germany
C) India
D) China
- 22. What term describes a period of declining economic activity spread across the economy?
A) Boom
B) Expansion
C) Recession
D) Peak
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