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Following the Crash of 1929, the Stock Market

Question 45

Multiple Choice
Following the Crash of 1929, the stock market:

Following the Crash of 1929, the stock market:


A) began to slowly, but steadily, increase in value.
B) was flat for about three years and then began a slow, steady rise to pre-crash values.
C) continued to decline slightly before increasing over a 3-year period to its pre-crash values.
D) temporarily increased in value and then began a 3-year decline to ten percent of its pre-crash value.
E) recouped its 90 percent loss within the following three years.

Correct Answer:

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