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