Stock Markets Exposed
What is NOT true about the Stock Market Crash of 1929?
1.It revealed financial problems in the US economy 2.Stock values had risen to unbelievable high dollar amounts prior to the crash 3.It alone did not cause the Great Depression 4.The majority of the American public (wealthy to poor) had invested heavily in 1920s stocks What social impact did Orson Well's 1938 'War of the Worlds' broadcast have on Americans listening to it on the radio on October 30th? A.It encouraged Americans to be more open to new immigrants from Eastern Europe B.To convince them the Great Depression was over C.Americans thought the braodcast was true and aliens from outer space had landed D.To move to California
Public Comments
- For the first one i think #3 and for the second one not sure but either A or B
- Question 1: 4 In the late 1929, the securities industry was still under-developed and there was really no such thing as 401k, mutual funds, discount brokerages or anything like that. Securities were the investment vehicle only for the very rich. Question 2: C. Strange but true. Orson Wells (via radio) and Marlon Brando (via Streetcar Named Desire), ushered in a transition period from stilted Vaudville-style acting to realistic acting. Well's empassioned reading of War of the Worlds was so convincing to people not used to this "realistic" style of acting.
