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Black Tuesday: Definition, Facts & the Great Depression

Instructions:

Choose an answer and hit 'next'. You will receive your score and answers at the end.

question 1 of 3

Which of the following were major problems confronting the U.S. stock market by the late 1920s?

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1. What is 'Black Tuesday'?

2. Which term refers to the artificially high stock market prices during the 1920s?

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About This Quiz & Worksheet

This worksheet and corresponding quiz will allow you to gauge your knowledge of Black Tuesday and what it showed about the United States economy at the time. Topics you will need to know include the major problems with the stock market at the time, the definition of the Great Bull Market and how stockbrokers viewed Black Friday.

Quiz & Worksheet Goals

These assessment tools will assess your knowledge of:

  • Definition of Black Tuesday and the Great Bull Market
  • Major weaknesses of the stock market during the late 1920's
  • Reaction of stockbrokers and investors to Black Tuesday

Skills Practiced

Test the following skills using this worksheet and quiz:

  • Defining key concepts - ensure that you can define phrases such as Black Tuesday, the Great Bull Market, speculation and call loans
  • Making connections - understand how speculation and call loans weakened the U.S. stock market
  • Knowledge application - use your knowledge to answer questions about stockbrokers' reaction to Black Tuesday

Additional Learning

Learn more about Black Tuesday by checking out the lesson on the subject. It covers objectives such as the following:

  • Define speculation and call loans
  • Understand the Great Bull Market and how it failed to reflect the facts of the U.S. economy
  • Explore the events of Black Tuesday
  • Identify how people responded to Black Tuesday and the role it played in the beginning of the Great Depression
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