The Wall Street Crash of 1929 (Grade 11 NSC Matric History): Quizzes
📚Quizzes
Practise the questions
10 questions from this quiz
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Practise the questions
10 questions from this quiz
What date became known as 'Black Tuesday' when share prices crashed completely?
What date became known as 'Black Tuesday' when share prices crashed completely?
29 October 1929
What dangerous practice did banks engage in that contributed to the Wall Street Crash?
What dangerous practice did banks engage in that contributed to the Wall Street Crash?
Using customer deposits to speculate
How many shares were sold on Thursday, 24 October 1929 during the first warning signs?
How many shares were sold on Thursday, 24 October 1929 during the first warning signs?
13 million shares
By March 1933, by what percentage had national income declined?
By March 1933, by what percentage had national income declined?
50%
What were the improvised settlements on city edges called that housed homeless families?
What were the improvised settlements on city edges called that housed homeless families?
Hoovervilles
How did government tax policy for wealthy people contribute to the crash?
How did government tax policy for wealthy people contribute to the crash?
Taxes were reduced
What happened to agriculture after World War I that contributed to economic problems?
What happened to agriculture after World War I that contributed to economic problems?
Surplus produce drove prices down
How many banks had gone bankrupt by 1933?
How many banks had gone bankrupt by 1933?
4,000 banks
What was the average weekly relief payment during the Great Depression?
What was the average weekly relief payment during the Great Depression?
8
Who were the Bonus Marchers who demonstrated during the Depression?
Who were the Bonus Marchers who demonstrated during the Depression?
WWI veterans and their families