根据文章首句 "The stock market crash of October 1929 was the first in a chain of events that dragged the United States into the most severe crisis in US history…" 可知,1929年10月股票市场的暴跌是一连串使美国进入历史上最严重的经济危机的导火索。故选B。 (2) 词义猜测题。"drastically" 意为 ...
The economic crisis began with the stock market crash in October nineteen twenty-nine. For the first year, the economy fell very slowly. But it dropped sharply in nineteen thirty-one and nineteen thirty-two. And by the end of nineteen thirty-two, the economy collapsed almost completely. ...
【题目】 T he Great Depression that followe d the stock market crash of 1929 saw hundre ds of thousands of Americans out of work. Im the years of great fear an d depression, a lot of American citizens looke d desperately to the federal government for assistance. Of all the programs ...
The Stock Market Crash of 1929 Historians generally agree that the stock market crash of 1929 was the worst crash in history. In 1929, the stock market made a high on September 3, as the Dow Jones Industrial Average closed at 381.17. By the end of the month on September 30, the Dow ...
The stock market ultimately lost $14 billion that day. What Caused the 1929 Stock Market Crash? In the years leading up to the stock market crash of 1929, the stock market had gained much popularity as a way of making money. Because stocks prices had been on the rise, they gained the ...
The Great Depression that followed the stock market crash of 1929 saw hundreds of thousands of Americans out of work. In the years of great fear and depression, a lot of American citizens looked desperately to the federal govermment for assistance. Of all the programs designed by President Roo...
This sudden uncertainty, along with a well-respected analyst saying that they believe the market is overvalued and might crash, trigger a few market shocks in October, but the Dow always recovers its value before the end of the day. Until, October 24th, 1929, Black Thursday. The shouting ...
[定位] 由题干中的the situation of 1929’s Depression可将本题定位于第一段第一句After the stock-market crash of October 1929...[精解] 事实细节题。由定位句可知从1929年10月股票市场崩溃标志着大萧条的开始,下文对其情况的描述。第一句后半句提到it took over three years for America’s government to...
This paper offers an informational explanation to stock markets' booms and crashes. This explanation builds on the idea of `informational overshooting': if market fundamentals change for an unknown period of time, prices experience a boom, which ends in a crash, due to informational dynamics. The...
would be slow and painful. There was not the nearly the recovery of gains seen on Thursday. The Dow Jones closed at $230 – down 23% from the opening of $299. The market had crashed. Here are daily, weekly, and monthly charts of the 1929 Crash. The October ...