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41. Unit 8-5: Stock Market Crash (part 1)
Test Description: SocialStudiesGames.net
Instructions: Answer all questions to get your test result.
1) Inflation is a term associated with economics; meaning the general rise in _____________.
A
Producing
B
Spending
C
Prices
D
Goods
2) When people have more money, they tend to spend or save more money.
A
spend
B
save
3) Before the Stock Market crash some investors noticed signs that company stocks were______________.
A
Worth more
B
Worth less
C
Crashing
D
Overpriced
4) As demand decreases, the price increases.
A
False
B
True
5) Business investors saw some investors selling and they decided to____________.
A
Buy more
B
Invest in other businesses
C
Sell
D
Borrow more money
6) During this time, the US was experiencing trade barriers with ______________.
A
Australia
B
England
C
Europe
D
Russia
7) The government and banks were still pumping money into the economy by making too many __________.
A
Goods
B
Charities
C
Businesses
D
Loans
8) At the height of the Great Depression the unemployment rates reached_____________.
A
15%
B
10%
C
50%
D
25%
9) October 29, 1929 is known as Black Tuesday. The Stock Market crashes and 50% of the country's money is suddenly gone.
A
False
B
True
10) a general increase in prices and fall in the purchasing value of money.
A
opportunity cost
B
inflation
C
stagnation
D
deflation
*select an answer for all questions
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