Q 01/05

The Wall Street crash that is usually taken as the start of the Great Depression happened in which year?

A) 1929

B) 1930

C) 1931

D) 1933

Answer · why

A) 1929

The Dow lost almost half its value in two months, sliding from 381 to 198.

Q 02/05

By what name is 29 October 1929, the worst day of the crash, remembered?

A) Black Friday

B) Black Monday

C) Black Thursday

D) Black Tuesday

Answer · why

D) Black Tuesday

A record 16.4 million shares changed hands; Black Thursday and Black Monday had come the week before.

Q 03/05

At the depth of the Depression in 1933, roughly what share of the US workforce was unemployed?

A) 10%

B) 15%

C) 25%

D) 20%

Answer · why

C) 25%

Even in 1940, with war orders arriving, the rate was still around 15 percent.

Q 04/05

The Dow Jones peaked at 381.17 in September 1929; where did it bottom out in July 1932?

A) 98.50

B) 41.22

C) 150.75

D) 210.30

Answer · why

B) 41.22

That was an 89 percent loss from the September 1929 peak.

Q 05/05

How many years did it take the Dow Jones to climb back to its September 1929 peak?

A) 25

B) 30

C) 40

D) 50

Answer · why

A) 25

The milestone finally came on 23 November 1954, in a very different America.