Answer Key

Stocks – Comprehension Check

  1. As a result of what happened on 29th October 1929, some brokers  [killed themselves]
  2. Wall Street historically relates to  [Dutch settlers]
  3. The economic collapse and depression of 1929 continued until  [1931]
  4. New members of the New York Stock and Exchange Board were  [voted in]
  5. After Wall Street was hit by a wave of panic,  [there were daily runs on banks]
  6. In 1929, stock prices  [did not relate to the real value of companies]
  7. In 1901, J.P. Morgan surprised Wall Street by creating  [a billion dollar merger]
  8. The early 1900s saw  [the rise of huge fortunes]
  9. In 1929, the Wall Street myth presented shopkeepers and workers becoming rich  [overnight]
  10. The first US Stock Exchange was in  [Philadelphia]