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