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The Wall Street Crash of 1929

Created by urlybird

Fun Trivia : Quizzes : USA in the 20th.Century
The Wall Street Crash of 1929 game quiz
"You won't hear much about this from your stockbroker. Don your crash helmet, take this quiz and see why."

15 Points Per Correct Answer - No time limit  



1. Decades before the stock market crash of 1929, a certain quotable notable said this: "October. This is one of the peculiarly dangerous months to speculate in stocks. The others are July, January, September, April, November, May, March, June, December, August and February." Who was it?
    Eddie Murphy (expletives have been deleted)
    Karl Marx
    Mark Twain
    John D. Rockefeller


2. A popular belief about the aftermath of the 1929 crash holds that scores of distraught Wall Streeters leaped from open windows to their deaths. Is this true?
    No one knows for sure.
    Yes. There are several photos in the Wall Street Museum showing the streets of lower Manhattan littered with well-dressed bodies.
    No. It's a popular myth with little evidence to support it.
    It's only partially true. They didn't actually jump. Their clients pushed them.


3. Who was president of the United States on October 29, 1929?
    Herbert Hoover
    FDR
    Calvin Coolidge
    A distant relative of George W. Bush


4. The stock market crash of 1929 occurred on:
    All of these
    Black Thursday
    Black Monday
    Black Tuesday


5. In July 2007 the Dow Jones Industrial Average (DOW) closed above 14,000 for the first time. On September 3, 1929, the DOW reached its pre-crash peak. What was it?
    958
    81
    543
    381


6. When the DOW finally hit bottom it had lost a hefty chunk of its pre-crash value. How much did it lose?
    About half its value
    A lot less than most people think, because the media blew the whole thing out of proportion
    About one-third of its value
    Nearly 90%


7. What was the headline in Hollywood's most popular trade paper "Variety", on October 30, 1929?
    Wall Street Lays an Egg
    Wall Street Takes a Dive
    Wall Street Flops
    Wall Street Heads South


8. After October 29 the DOW finally hit bottom:
    Almost three years later in July 1932
    Early in January of 1930
    A few weeks later in mid-November
    Just before the Christmas rally of 1931


9. After the crash of 1929 when did the DOW recover its pre-crash peak?
    March 1935
    November 1954
    April 1939
    December 1946


10. Which of the following was NOT a step taken by the federal government in the wake of the 1929 crash and the Great Depression that followed?
    The Wall Street Windows Act of 1931, which forbad moveable window sashes on all buildings over two stories
    All U.S. banks were closed until the Comptroller of the Currency had verified their soundness
    The Glass-Steagall Act, which separated financial companies by type of business
    The Federal Deposit Insurance Corporation was created


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Compiled Jun 28 12