WILLIAM CAXTON COLLEGE

BILINGUAL EDUCATIONAL INSTITUTION

GRADE 2 BGU A - B Business and Management Quiz 3
FULL NAME: _______________________ DATE: _____________________________

A. - MULTIPLE CHOICES: 6/6

1. The Great Depression was..
a. just another day at the office. b. the worst economic downturn in US history.
c. interesting cover zone model. d. informal trader’s paradise.

2. The stock market crash of October 1929 signalled...

a. the beginning of the great depression. b. the start of WW1
c. the fall of the soviet union . d. the end of the cold war.

3. Franklin Roosevelt was….

a. was the president of MacDonalds b. a WW2 hero.
c. elected president in November 1932. d. a nice place to go on holiday.

4. By early 1933, almost 13 million people were out of work…

a. and they sold cars. b. people loved swimming.
c. Selling cheap products. d. and the unemployment rate stood at an astonishing 25 percent.

5. More than a third of the nation’s banks...

a. sold bonds. b. hired more people
c. failed in the three years following 1929. d. created oil spills.

6. Farmers were…
a. happy with things. b. hit particularly hard by the crises.
c. making a lot of money. d. doing very well.

B.-TRUE OR FALSE 6/6:

7. In the decade before the Great Depression, the economy was booming. ( T )( F )

8. Mass failures in the banking system was another contributing factor. (T )( F)

9. The U.S. had loaned billions of dollars to its World War I allies. (T )( F)

10. Germany’s economy was doing very well after WW1. (T )( F)

11. The stock market crash that took place in 1959. (T )( F)

12. Many other businesses went bankrupt, and unemployment rose to 25%. (T )( F)
 C.- FIND THE MISSING WORD: 6/6 :

[Stock market fell] [grown 600%] [Black Monday and Black Tuesday] [invested]
[the economy] [over speculation]

over speculation
13. One reason for the crash is what is called ___________________, which means that stocks
had become worth much more than the actual values of the companies they represented.

the economy
14. The new automobile and radio industries had spurred a rampant optimism that ___________
would continue to grow.

grown 600
15. In fact, the stock market had ________________________ between 1921 and 1929, with
the Dow Jones Industrial Average rising from 63 points to 381 points.
black monday and tuesday
16. On October 28th and 29th, known as _______________________________, stock values
fell a total of 23%, which remains the worst 2-day drop in history.
stock market fell
17. The market was unable to recover, and over the next few months the _______________to
40% of what it had been, and many people lost everything that they had.

18. Over 10,000 banks that had _________

invested in the stock market, or who had lent money to
investors, went out of business.

D. Answer the following questions: 6/6:

19. Who created the New Deal? (1)

franflin D. Roosevelt

20. Which event marks the end of the Great Depression? (1)

world war II

21. What is over speculation? (1)

to assume an excesive amount of business risk in speculating on somenthing

22. Which industry had spurred optimism in economic prospects? (1)

radio and automovile

23. The Stock Market Crash of 1929 is also known as? (1)

the great crash

24. What was the all-time low the Stock Market reached in the summer of
1932?

41.22