London and US: stock exchange, ticker tape, Wall Street, Black Tuesday, 1929

The video discusses the optimism in the stock market during the late 1920s, where both large and small investors poured their savings into stocks, often buying on margin. This led to a speculative bubble. In October 1929, stock prices fell sharply, culminating in the crash on Black Tuesday, wiping out billions in savings and causing widespread panic.

What was a significant factor that contributed to the public's interest in the stock market during the late 1920s?

• The introduction of online trading platforms

• The optimism of the era

• Government incentives for stock investments

• A decrease in stock prices

How did many investors purchase stocks during the late 1920s?

• By trading commodities

• On margin, with borrowed money

• Through government bonds

• Using cash only

What action did a group of bankers take in mid-October 1929 to address the falling stock prices?

• They sold off their own stocks

• They bought $20 million worth of stocks

• They closed the stock market temporarily

• They issued a public warning about the market

What event is referred to as Black Tuesday?

• The day the stock market was introduced

• The day the stock market crashed

• The day the stock market reached its peak

• The day the stock market was closed for repairs

What was the financial impact of Black Tuesday by the end of the day?

• $15 million was lost

• $20 billion was gained

• $15 billion was lost

• $20 million was gained