Recent Lessons

Show all results for ""

Feature Overview

Ace your exams with our all-in-one platform for creating and sharing quizzes and tests.

Quizzes

Create quizzes and tests automatically from your content using AI.

Flashcards

Automatically turn your notes into digital flashcards.

Share, Export & Embed

Share with classmates or export to Excel and your learning management system.

Stats & Reporting

Auto-grading quizzes and tests with detailed stats and reports.

Mobile Apps

The smarter way to study – wherever you are.

Pricing

Search...

10 Questions

3 Views

The 9/11 Stock Sell-Off

Choose a study mode

Play Quiz

Study Flashcards

Spaced Repetition

Chat to lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

What were the sectors hardest hit by the stock sell-offs?

airline and insurance sectors

Which airlines were the hardest hit?

American Airlines and United Airlines

Why did gold prices leap after the terrorist attacks?

reflecting the uncertainty and flight to safety of nervous investors

What were the fears that caused gas and oil prices to shoot upward?

that oil imports from the Middle East would be curtailed Signup and view all the answers

Why did gold prices and gas/oil prices eventually retreat to their pre-attack levels?

no new attacks occurred and deliveries of crude oil to the U.S. from its usual sources continued unabated Signup and view all the answers

What was the estimated amount of 9/11-related claims that hit the insurance industry?

$40 billion Signup and view all the answers

What legislation was passed as a result of the fallout from the 9/11 attacks on the insurance industry?

Terrorism Risk Insurance Act Signup and view all the answers

Why was the Terrorism Risk Insurance Act necessary?

Premiums were becoming too costly or simply unavailable due to perceptions of increased risk Signup and view all the answers

What did the Terrorism Risk Insurance Act enable insurers to include once again?

terrorism insurance as a part of their coverage Signup and view all the answers

What would be the cost of coverage against terrorism acts without the Terrorism Risk Insurance Act?

too steep for most businesses to purchase Signup and view all the answers