What were stockbrokers busy doing on Sunday, October 27, 1929?
Why did brokers have to work on Sunday?
Which statement from the article shows that people believed that the drop in the market was an anomaly?
No one could agree on the effects of the fluctuations.Most people thought that this was a good time to buy stock.Experts believed that the market had already made up for its earlier losses.
According to the second section, "Market Leaders Hard Hit," why was it significant that stocks like United States Steel, General Electric, and Western Union were so hard hit by the drop?
Stockbrokers who still had profits on their books were afraid that their profits would disappear.Stockbrokers who had losses were afraid that those losses might get larger.Bankers had a chance to create a pool of money to support the market.Investors decided to get out of the market.
about four daysa little more than two monthsabout three years
Based on what you have read and learned, which of the following factors could have contributed to the 1929 stock market crash? Check all of the boxes that apply.
Based on what you've learned about the stock market crash of 1929, which of the following might help you spot another stock market crisis? Check all of the boxes that apply.
Did you find these answers helpful?