Wall Street Crash of 1929 Overview
5 Questions
0 Views

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 event is considered the trigger for the Great Depression?

  • Increase in foreign trade
  • Federal investments in infrastructure
  • Rise of consumer credit
  • Over-speculation in the stock market (correct)
  • Which factor contributed to the unsustainable growth in the stock market during the Roaring Twenties?

  • Increased foreign investment
  • Lack of federal regulation in corporate expansion (correct)
  • Rise in agricultural production
  • Decreased consumer spending
  • What was a significant barrier to rebuilding investor confidence after the market crash?

  • Absence of a safety net (correct)
  • Fall in international exports
  • Lack of government intervention
  • High interest rates on loans
  • When did federal interventions lead to the first growth of the stock market during the Great Depression?

    <p>1933</p> Signup and view all the answers

    What ultimately contributed to the end of the Great Depression?

    <p>Military efforts in World War II</p> Signup and view all the answers

    Study Notes

    Wall Street Crash of 1929

    • Triggered by over-speculation in the U.S. stock market, marking the onset of the Great Depression.
    • The Roaring Twenties saw unprecedented investment, with many investors borrowing funds to purchase stocks.
    • The stock market experienced considerable growth, plateauing in the summer of 1929 before crashing in October.
    • The crash followed eight years of continuous economic expansion characterized by rampant speculation.

    Contributing Factors

    • Federal disregard for corporate growth created a volatile investment environment.
    • Banks heavily invested in the stock market, exacerbating the market's instability.
    • Lack of protective regulations contributed to a significant loss of confidence when the market faltered.

    Aftermath and Recovery

    • The economic fallout severely impacted the working class, with lasting effects throughout the 1930s.
    • Federal interventions in 1933, including new policies and regulations, reinstated investor confidence.
    • This renewed confidence led to the first signs of stock market growth during the Great Depression.

    End of the Great Depression

    • The economic decline concluded as the American economy shifted to support military efforts during World War II.

    Studying That Suits You

    Use AI to generate personalized quizzes and flashcards to suit your learning preferences.

    Quiz Team

    Description

    Explore the causes, contributing factors, and aftermath of the Wall Street Crash of 1929, a pivotal event that triggered the Great Depression. Understand the economic conditions of the Roaring Twenties and the significant regulations introduced to restore confidence in the market.

    More Like This

    El período de entreguerras
    32 questions
    La Grande Dépression
    28 questions

    La Grande Dépression

    CheerfulNovaculite1212 avatar
    CheerfulNovaculite1212
    The Crisis of Capitalism: 1929
    21 questions

    The Crisis of Capitalism: 1929

    PanoramicPennywhistle8346 avatar
    PanoramicPennywhistle8346
    US Economy Weaknesses and Wall Street Crash
    37 questions
    Use Quizgecko on...
    Browser
    Browser