EXAM 2025 WITH MULTIPLE CHOICE OF
QUESTIONS AND DETAILED SOLVED
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Which newspaper predicted a crash in the stock market on 6th
September 1929? - CORRECT ANSWER-New York Times
Which newspaper reported a vigorous recovery in stock market
prices the day before the crash started? - CORRECT ANSWER-New
York Times
How many suicides were there on the first day of the crash? -
CORRECT ANSWER-11
How much money disappeared from the US economy due to the
Crash? - CORRECT ANSWER-$30 billion
How much did US bankers try to pay in to stabilise the system?
- CORRECT ANSWER-$40 billion
How many companies had gone bankrupt by 1933? - CORRECT
ANSWER-20000
, How many banks had closed by 1933? - CORRECT ANSWER-5500
By what percentage did farm prices fall between 1929-1932? -
CORRECT ANSWER-60%
How many were made unemployed daily from 1929-1933? -
CORRECT ANSWER-12000
By what percentage did national income fall from 1929-1932? -
CORRECT ANSWER-50%
The industrial city Chicago suffered an unemployment rate of? -
CORRECT ANSWER-40%
How much did a relief agency in Chicago give the most needy
adults weekly? - CORRECT ANSWER-$2.40
By what amount did stocks fall on Black Tuesday? - CORRECT
ANSWER-$14 billion
What percentage of Americans had incomes of less than $2000
per year? - CORRECT ANSWER-60%
The top what percentage of Americans owned 1/3 of America's
personal income? - CORRECT ANSWER-5%
How much did American farmers borrow in mortgages? -
CORRECT ANSWER-$2000 million