Question

What is the significance of the date october 29, 1929? a. president roosevelt’s new deal initiatives began on that date. b. stock prices continued to drop after a devastating crash the week before. c. a national "bank holiday" was conducted to freeze fund withdrawals. d. the national unemployment rate reached an all-time high of 38 percent. please select the best answer from the choices provided a b c d

Answer 1

B. stock prices continued to drop after a devastating crash the week before.

Step-by-step explanation:

The Great Depression and the New Deal Quiz on edg

Answer 2

October 29, 1929, is known as Black Tuesday and is significant for being the day the Stock Market Crash occurred, triggering the Great Depression. The answer to the question is (b): stock prices fell after a devastating crash the week before.

Step-by-step explanation:

The significance of the date October 29, 1929, is that it was the day of the Stock Market Crash, known as Black Tuesday. This crash triggered the onset of the Great Depression. As part of the Wall Street crash of 1929, it marked the day that stock prices collapsed, causing devastating losses for investors. The answer to the multiple-choice question you provided is therefore (b): stock prices continued to drop after a devastating crash the week before.

Learn more about Black Tuesday