Wall Street Crash

Question 1

By how much did Shares cost after the WSC?

Answer 1

1/3 of their price in September

Question 2

How much did America lose from the WSC?

Answer 2

$26 billion

Question 3

What cycle did the WSC lead to?

Answer 3

Cycle of Depression

Question 4

By what percent did wages decrease by between 1928 and 1933 in America?

Answer 4

60%

Question 5

How many banks had failed by 1932?

Answer 5

Over 5000

Question 6

What percent of banks had failed?

Answer 6

20%

Question 7

How many customers lost all their savings?

Answer 7

9 million

Question 8

By how much was America’s trade reduced by 1933?

Answer 8

Demand for goods was less than a third of its 1929 leve

Question 9

By what percent did production levels fall by between 1928 and 1932?

Answer 9

40%

Question 10

Between 1929 and 1933, how many businesses completly shut down?

Answer 10

Over 100,000

Question 11

By 1933, what percent of Americans were unemployed?

Answer 11

Nearly 25%

Question 12

In 1932, how many people had become homeless?

Answer 12

250 thousand

Question 13

What were the shanty towns that homeless people lived called?

Answer 13

Hoovervilles

Question 14

What were the queues outside charities and soup kitchens called?

Answer 14

Breadlines

Question 15

In New York in 1932, how many children were malnourished?

Answer 15

20 thousand

Question 16

In New York in 1932, how many people died in hospital from starvation?

Answer 16

45