AnswersMFISD US HISTORY STUDIES SINCE 1877 A 22-23 CRCumulative Exam — Cumulative examQuestion 57
57
QuizMultiple Choice

Cumulative Exam — Cumulative exam

Question 57 • **MFISD US HISTORY STUDIES SINCE 1877 A 22-23 CR

What happened when the stock market crashed in October 1929?

Answer
A
Most banks panicked and bought more stocks.
B
Most investors panicked and sold all their stocks.
C
Most investors calmly put their money into banks.
D
Most banks calmly invested to help the stock market.

Explanation

When stock prices plunged in October 1929, many investors panicked and rushed to sell their stocks. This widespread selling pushed prices down further, so the correct choice is “Most investors panicked and sold all their stocks.”

AI-written and checked against the verified answer.

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