In the United States, an investor who bought the average stock in 1929 and sold it in 1959 would have had a

Question

Quizplus · Accepted Answer

The stock market crash of 1929 was followed by the Great Depression, where the stock market did not recover until the mid-1950s. Therefore, an investor who bought the average stock in 1929 and sold it in 1959 would not have had a significant real capital gain on their stock, and may have even experienced a decline in value. Thus, the best choice is A, negative or zero real capital gain on his stock.

In the United States, an Investor Who Bought the Average