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According to the Data, Was the Stock-Market Crash of 1929

Question 78

Multiple Choice

According to the data, was the stock-market crash of 1929 the primary cause of the Great Depression?


A) No, the Great Depression actually began two years before the stock market crash of 1929.
B) Yes, after the stock market crash of October 1929 the market never recovered until the depression came to an end a decade later.
C) Yes, sharp reductions in stock prices like that of 1929 always result in prolonged depressions.
D) No, the stock market actually recovered to the level of October 1929 during the five months following the crash.

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