The stock market boom (AQA GCSE History): Quizzes
📚Quizzes
Practise the questions
12 questions from this quiz
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Practise the questions
12 questions from this quiz
What was the stock market in the 1920s?
What was the stock market in the 1920s?
A primary way to generate wealth
What were investors called when they owned stakes in businesses?
What were investors called when they owned stakes in businesses?
Shareholders
What were dividends?
What were dividends?
Shareholders' portion of company profits
Where was the stock exchange located?
Where was the stock exchange located?
New York
What deposit was needed when buying on the margin?
What deposit was needed when buying on the margin?
10% of the total cost
What was the main danger of buying on the margin?
What was the main danger of buying on the margin?
Investors still owed loans if prices fell
What does laissez-faire mean?
What does laissez-faire mean?
Let it be or leave it alone
Which Republican presidents led from 1921-1933?
Which Republican presidents led from 1921-1933?
Harding, Coolidge, Hoover
How much did Americans borrow during this period?
How much did Americans borrow during this period?
$4 billion
How did low taxation help the economy?
How did low taxation help the economy?
Businesses kept more profit to expand
What were speculation vehicles?
What were speculation vehicles?
Companies that produced nothing tangible
Who became US president in 1921?
Who became US president in 1921?
Warren G. Harding