Stats - Economic Crash Flashcards
1
Q
How many speculators were there by 1929?
A
600,000
2
Q
How much was borrowed in 1929?
A
$9 billion
3
Q
What happened on the 24th of October 29?
A
13 million shares were sold in a panic
4
Q
When were 16 million shares sold?
A
29th of October 29
5
Q
How many countries passed counter-tariffs in response to the USA’s?
A
60
6
Q
40% in 1929
A
40% of the population in poverty
7
Q
5%, one third
A
5% of the richest held one third of the country’s wealth
8
Q
How many farmers lost land in 1924?
A
600,000
9
Q
How many were homeless in 1932?
A
250,000 homeless
10
Q
1929, 71% of family incomes?
A
71% of family incomes were less than $2500 per year
11
Q
How much were radio shares worth on 13th November 1929?
A
28 cents
Previously 505 cents
