Question

When the Dow Jones Industrial Average began to drop sharply in late October 1929,

a. investors bought record shares of stock.
b. bankers pardoned personal loans and mortgages.
c. President Hoover warned Americans to stop investing.
d. investors raced to get their money out of the stock market.

Answer 1

When the Dow Jones Industrial Average began to drop sharply in late October 1929, "d. investors raced to get their money out of the stock market," since this is what led to the market officially "crashing"--thus ushering in the Great Depression.