24
QuizMultiple Choice

World War I and the Interwar Years — Test

Question 24 • US History

What happened when the stock market crashed in October of 1929?

Answer
A
Most investors calmly put their money into banks.
B
Most investors panicked and sold all their stocks.
C
Most banks panicked and bought more stocks.
D
Most banks calmly invested to help the stock market.

Explanation

In October 1929, falling stock prices caused widespread fear among investors. Many tried to sell their stocks quickly, which added to the market’s decline. The correct choice is “Most investors panicked and sold all their stocks.”

AI-written and checked against the verified answer.

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