Crollo della borsa del 29

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1/15 cards
What does 'Crollo della borsa del 29' refer to in English?
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It refers to the Stock Market Crash of 1929.
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In which country did the Stock Market Crash of 1929 primarily occur?
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The crash primarily occurred in the United States.
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On which date did the Stock Market Crash, also known as Black Tuesday, occur?
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Black Tuesday occurred on October 29, 1929.
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What were some of the major causes of the Stock Market Crash of 1929?
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Over-speculation, buying on margin, and economic imbalances were major causes.
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What was the economic period following the Crollo della borsa del 29 called?
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It led to the Great Depression.
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How did the Stock Market Crash of 1929 impact the global economy?
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It led to a worldwide economic depression lasting about a decade.
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Which U.S. president was in office during the crash?
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Herbert Hoover was the president at the time.
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What was a ‘margin call’ and how did it relate to the Stock Market Crash?
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A margin call required investors to invest more money or sell assets, leading to panic selling during the crash.
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How did the credit structure of the 1920s contribute to the crash?
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The extensive use of credit and installment buying contributed to financial instability.
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What is 'Black Thursday,' and how is it related to the crash?
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Black Thursday was October 24, 1929, when stock prices began to fall drastically before Black Tuesday.
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What was one major effect of the Stock Market Crash on American banks?
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Many banks failed as they couldn’t recover the loans given out for stock purchases.
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How did the crash affect employment rates in the 1930s?
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Unemployment rates soared during the Great Depression.
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What role did speculation play in the Stock Market Crash?
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Rampant speculation led to inflated stock prices, which couldn’t be sustained.
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Why is the Stock Market Crash of 1929 a significant historical event?
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It marked the start of the Great Depression, affecting millions worldwide.
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What kind of financial oversight measures were lacking before the crash?
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There was minimal regulation, allowing for risky financial behaviors like excessive speculation and margin buying.
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