Question

A (1)___ is an organized system for buying and selling shares

in corporations. Many investors lacked the money to continue
purchasing stock, so they bought (2)___. Stock prices began
to fall in September 1929 and declined steadily until (3)___.
Panicked sellers sold almost thirteen million shares on Black
Thursday, (4)___.
On Tuesday, (5)___, the crisis worsened. By the end if the day,
more than (6)___ had changes hands, and stock prices had
plummeted.
The Great Depression
During the next two years the United States slid into a severe
economic crisis called the (7)___. The stock market crash was
not the only cause. (8)___ income shrank throughout the decade. The textile, lumber, mining, and (9)___ industries also
declined. The (10)___ and construction industries suffered
from lagging orders. As a result, employers cut wages and
laid off workers. In 1929 less than one percent of the
population owned nearly (11)___ of the country’s wealth.
(12)___ fueled much of the economy in the 1920s. Many
small banks suffered when the farmers defaulted on their
loans. American economic weakness also weakened (13)___
economies. By 1932, (14)___ of American workers were out
of work.
Hoover and the Crisis
In 1931 President Herbert Hoover authorized additional
federal spending on (15)___. In 1932, Congress created the
(16)___ to lend money to businesses. When the (17)___
marched on Washington in the summer of 1932 to demand
the money promised to them, Hoover responded by calling in
the army.
the word bank is
Reconstruction Finance
Corporation (RFC)
October 29
Great Depression
borrowed money
Bonus Army
stock exchange
Completion
The Stock Market
A (1)___ is an organized system for buying and selling shares
in corporations. Many investors lacked the money to continue
purchasing stock, so they bought (2)___. Stock prices began
to fall in September 1929 and declined steadily until (3)___.
Panicked sellers sold almost thirteen million shares on Black
Thursday, (4)___.
16 million shares
October 21
public works
October 24
one-third
on margin
automobile
farm
foreign
railroad
25 percent

Answer 1

A stock exchange is an organized system for buying and selling shares in corporations. The stock market crash of 1929 contributed to the Great Depression, but it was not the only cause. President Herbert Hoover implemented measures like public works and the Reconstruction Finance Corporation to address the crisis.

Step-by-step explanation:

A stock exchange is an organized system for buying and selling shares in corporations.

Many investors lacked the money to continue purchasing stock, so they bought stocks on margin. Stock prices began to fall in September 1929 and declined steadily until the stock market crash on October 29, 1929, also known as Black Tuesday.

Panicked sellers sold almost thirteen million shares on Black Thursday, October 24, accelerating the decline in stock prices.

The stock market crash of 1929 was one of the main causes of the Great Depression, a severe economic crisis that lasted for several years. However, it was not the only cause.

Income inequality, declining industries like textiles, lumber, mining, and farming, and weaknesses in the banking system also contributed to the economic downturn.

By 1932, a quarter of American workers were unemployed.

To address the crisis, President Herbert Hoover authorized federal spending on public works and the creation of the Reconstruction Finance Corporation (RFC) to lend money to businesses.

However, these measures were not enough to alleviate the suffering caused by the Great Depression.