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The Great Crash, 1929 by John Kenneth Galbraith
  • 1. What year did the Great Crash occur?
A) 1929
B) 1933
C) 1932
D) 1928
  • 2. Who authored 'The Great Crash, 1929'?
A) John Kenneth Galbraith
B) Ernest Hemingway
C) John Steinbeck
D) F. Scott Fitzgerald
  • 3. What was the primary economic event discussed in Galbraith's book?
A) World War I
B) Stock market crash
C) Great Depression
D) Economic boom
  • 4. How did Galbraith describe the stock market prior to the crash?
A) Speculative bubble
B) Stable environment
C) Economic recession
D) Government controlled
  • 5. The Great Crash contributed significantly to which future economic event?
A) Post-war boom
B) Economic recovery
C) Great Depression
D) Industrial expansion
  • 6. What impact did the Great Crash have on banks?
A) Banks introduced new loans
B) Many banks failed
C) Banks became richer
D) Banks expanded their services
  • 7. In his analysis, Galbraith highlights the role of which group during the crash?
A) Speculators
B) Politicians
C) Investors
D) Bankers
  • 8. Which market event is famously linked to the Great Crash of 1929?
A) Red Tuesday
B) Black Tuesday
C) Black Monday
D) Black Friday
  • 9. How did most Americans respond to the stock market crash?
A) Panic and fear
B) Increased investment
C) Joy and celebration
D) Calm acceptance
  • 10. What does Galbraith blame for poor economic policies prior to the crash?
A) Lack of regulation
B) Too much government intervention
C) Consumer confidence
D) Global trade agreements
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