Crash Of 1929

8 Questions | Total Attempts: 25

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Crash Quizzes & Trivia

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Questions and Answers
  • 1. 
    Jessie Livermore was President of National City Bank.
    • A. 

      True

    • B. 

      False

  • 2. 
    The Charles Mitchell, President of National City Bank was the first to encourage average citizens to invest in the stock market.
    • A. 

      True

    • B. 

      False

  • 3. 
    There had been no warning of the sudden stock market crash that occurred in October of 1929.
    • A. 

      True

    • B. 

      False

  • 4. 
    To buy "on margin" means to buy stocks with borrowed money.
    • A. 

      True

    • B. 

      False

  • 5. 
    Most of the financial leaders in the United States were warning investors throughout the year of 1929 that disaster was ahead. 
    • A. 

      True

    • B. 

      False

  • 6. 
    Who was U.S. President in 1929?
    • A. 

      Frankiin Delano Roosevelt

    • B. 

      Herbert Hoover

    • C. 

      Woodrow Wilson

  • 7. 
    After the stock market crash of October 1929, Jessie Livermore committed suicide.
    • A. 

      True

    • B. 

      False

  • 8. 
    After 1929, the Securities and Exchange Commission (SEC) put new rules and restrictions on how stocks are bought and sold, making it impossible for men like Jessie Livermore to trade as they had in the past.
    • A. 

      True

    • B. 

      False