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