5
QuizMultiple Choice

Unit Test — Unit test

Question 5 • OK-US History-Sem A-CR - 37454A

What major event occurred on Black Tuesday in 1929?

Answer
A
investors worked together to stabilize falling stock prices.
B
millions of shares were sold as the market rapidly lost value.
C
the federal government ordered the stock market to close.
D
stock prices increased as investors regained confidence.

Explanation

On Black Tuesday, October 29, 1929, panic selling swept through the stock market. Millions of shares were sold, causing stock prices to plunge rapidly and deepening the market crash. The correct choice is “millions of shares were sold as the market rapidly lost value.”

AI-written and checked against the verified answer.

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