Question

The newspaper headline below was printed the day after Black Tuesday: A photo shows the front page of the New York Times for October 30, 1929. The headlines read, Stock Collapse in 16,410,030 Share Day But Rally At Close Cheers Brokers, Bankers Optimistic, To Continue Aid. © Bridgeman Art Library / Universal Images Group / Image Quest 2015 Which combination of factors contributed to the changes in the stock market reflected in the headline above? A quickly-growing upper class and increasing banking regulation An increase in tariffs and a decrease in domestic production A lowering of interest rates and a rise in unemployment An increasing reliance on credit and an overproduction of goods

Answer 1

An increasing reliance on credit and an overproduction of goods contributed to the changes in the stock market reflected in the headline above.

The quickly-growing upper class and increasing banking regulation did not directly cause the changes in the stock market.

The lowering of interest rates and a rise in unemployment also did not directly cause the changes in the stock market.