10
QuizMultiple Choice

Boom and Bust

Question 10 • Crowley Credit Recovery US History Studies Since 1877 A

In 1929, unresolved economic issues led to

Answer
A
an increase in consumer demand.
B
a stock market crash.
C
a stock market boom.
D
an increase in the production of goods.

Explanation

Unresolved economic problems in the 1920s, including speculation and instability in the financial system, helped trigger the 1929 stock market crash. The crash was not an increase in consumer demand, a market boom, or greater production of goods; it marked a sharp fall in stock prices.

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