The stock market crash was a historic event because many people lost their life savings' The banks a

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The Time Machine History QuizStock Market
CrashMegan Gojney

• The stock market crash was a historic event
  because many people lost their life savings. The
  banks also ran out of money. The banks ran out
  of money from every one running to the bank and
  taking out all of their money. Many businesses
  lost their corporate saving accounts. Also, 9700
  banks closed between 1929-1930.

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3
What year did the stock market crash?

• 1939
• 1929
• 1944

4
Thats Correct!
The stock market crashed in 1929.
Millionaires lost their money over night from
investing everything they had and losing it.
Unemployment rose from people losing their money
and looking for jobs to make more money. On
September 3rd the stocks peaked. In late
September and October the stocks started to drop.

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5
Who was the president during the crash?

• Herbert Hoover
• Franklin D. Roosevelt
• Woodrow Wilson

6
Thats Correct!
The president during the stock market crash of
1929 was Herbert Hoover. President Hoover was the
31st president. He was president from 1929-1933.
Many people thought that president Hoover caused
the stock market crash but he didnt. After the
1929 stock market crash, Hoover ordered the
federal departments to speed up construction
projects.
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When did the stocks peak?

• April 1 1929
• July 3 1929
• September 3 1929

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Thats Correct!
The stocks peaked on September 3rd 1929. On
September 5th Rodger Babson addressed the
national business conference. He predicted that
the stocks would start to drop soon. Rodger
Babson was right the stocks would soon crash. In
October the stocks started to crash.
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9
What is a surplus?

• More items produced than sold
• Less items produced than needed to sell
• Laying off workers

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Thats Correct!
A surplus is when more items are produced than
sold. This means stores have sales. After the
store has a sale they have to lay off workers.
They do not have enough money to pay them. They
cant pay them because they dont have enough
money from the sale.
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Bibliography
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