USA HISTORY

THE GREAT DEPRESSION 1929 1940

THE GREAT DEPRESSION

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
A sudden dramatic decline of stock prices, resulting in a significant loss of wealth.
A
Bull Market
B
Speculation
C
Bank Run
D
Stock Market Crash
Explanation: 

Detailed explanation-1: -A stock market crash is defined as a quick and dramatic drop in stock prices over a large segment of a stock market, resulting in a considerable loss of paper wealth. Panic selling and underlying economic reasons drive crashes. They are frequently associated with speculative and economic bubbles.

Detailed explanation-2: -Black Monday: Definition in Stocks, What Caused It, and Losses. 18 of 27. The 2007–2008 Financial Crisis in Review. 20 of 27. The Fall of the Market in the Fall of 2008.

Detailed explanation-3: -The main cause of the Wall Street crash of 1929 was the long period of speculation that preceded it, during which millions of people invested their savings or borrowed money to buy stocks, pushing prices to unsustainable levels.

There is 1 question to complete.