The crawler
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#1
Report Thread starter 6 years ago
#1
The most famous stock market crash occurred on
October 29, 1929. During the 1920s the value of the
US economy increased to record levels as corporations
selling new inventions like the telephone and radio,
and financial corporations offering substantial returns
for investments, were invested in heavily by everyone
from businessmen to taxi drivers. However, in the
summer of 1929, when the economy started to shrink,
stock prices also began to decline. On October 29, also
known as ‘Black Tuesday’, the Dow Jones Industrial
Average dropped over 12% and by November 11 the
value of the US stock market had fallen 40% since its
peak in September. The subsequent Great Depression
saw widespread bankruptcy and unemployment across
the US.
According to the article, why did the US economy experience a boom in the twenties?
· Everyone had a lot of money.
· People were not getting a return on their investments.
· The stock market was experiencing a crash.
· There were new products to sell and rapid investment.
Put the key events in the correct order.
· boom - shrink - crash - depression
· crash - depression - shrink - boom
· depression - boom - crash - shrink
· shrink - boom - crash - depression
Why was October 29, 1929, called 'Black Tuesday'?
· It was the day on which the economy recovered.
· It was the last day of the stock market crash.
· The economy fell more than 40% in one day.
· The market fell more than 12% in one day.
How long did it take for the economy to drop by 40%?
· 1 month
· 1 year
· 12 days
· 2 months
What does the article say happened during the Great Depression?
· Banks went under and people found jobs.
· Businesses went under and people lost their jobs.
· People invested money and started businesses.
· People lost 40% of their earnings.
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tory88
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#2
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What are you stuck on? It's not the policy of this forum to just give answers - what have you done so far?

There are some options in each question which you can eliminate immediately, as they make no sense. For instance "Why did the economy experience a boom" cannot be "people were not getting a return on their investments". So eliminate these and see where you can go from there.
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The crawler
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#3
Report Thread starter 6 years ago
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If you can to help, do it.
I have problems in assimilation.
there are others people will help better than you.
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The crawler
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#4
Report Thread starter 6 years ago
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please, help who knows the correct answer.
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