The formation of the European Union in 1929.
The end of World War I.
It refers to the Stock Market Crash of 1929.
The founding of NATO.
The crash primarily occurred in the United States.
France
Germany
Canada
October 19, 1929.
November 29, 1929.
Black Tuesday occurred on October 29, 1929.
September 5, 1929.
Government taxation policies.
The rise of industrialization.
Over-speculation, buying on margin, and economic imbalances were major causes.
Increased oil production.
The Industrial Revolution.
It led to the Great Depression.
The New Deal Era.
World War II.
It had no significant impact.
It only affected the agricultural sector.
It led to a worldwide economic depression lasting about a decade.
It caused a minor recession.
Franklin D. Roosevelt
Herbert Hoover was the president at the time.
Calvin Coolidge
Woodrow Wilson
An alert that the market was closing for the day.
A margin call required investors to invest more money or sell assets, leading to panic selling during the crash.
A request by banks to close someone’s bank account.
A tactic used by traders to increase their shares.
By promoting self-sufficiency in the economy.
Through federal regulations keeping prices low.
The extensive use of credit and installment buying contributed to financial instability.
By limiting consumer spending.
The legislation passed to control stock market speculation.
Black Thursday was October 24, 1929, when stock prices began to fall drastically before Black Tuesday.
The day a major banking reform was introduced.
The launch of a new stock exchange.
Increased profitability from higher interest rates.
Many banks failed as they couldn’t recover the loans given out for stock purchases.
Expansion into international markets.
Increased employment in the banking sector.
Employment remained stable.
Jobs in agriculture surged.
Unemployment rates soared during the Great Depression.
Government employment increased dramatically.
Rampant speculation led to inflated stock prices, which couldn’t be sustained.
It prevented the crash from happening sooner.
Speculation was heavily regulated at the time.
Speculation increased investor confidence and stability.
It led to the discovery of gold reserves.
It marked the start of the Great Depression, affecting millions worldwide.
It resulted in the end of the Cold War.
It caused immediate economic recovery.
Strict government restrictions on all trades.
There was minimal regulation, allowing for risky financial behaviors like excessive speculation and margin buying.
Excessive government involvement.
Total prohibition of stock trading.