Wall Street Video

 

1) How many millions of dollars change hands every minute on the stock exchange?

a) 87

b) 95

c) 90

 

2) What is a “share of stock”?

a) A position of leadership in a company

b) A piece of ownership of a company

c) The board of directors in a company

 

3) What percent of American families own stock?

a) 25%

b) 30%

c) 40%

 

4) In ancient Greece how did investing start?

a) Investing in the building of the acropolis

b) Funding foreign armies

c) Investing in the profits of a ship

 

5) In Holland could investors sell their shares to one another?

a) Yes

b) No

 

6) In London in the 1700s someone sold an imaginary device that would turn chickens into

a) Sheep

b) Cows

c) Pigs

 

7) How did Wall Street get its name?

a) The first bank there was called Wall Street Bank

b) Pilgrims built a wall to keep out Indians

c) A man named Wall was the first to build there

 

8) How many companies were traded inside the first indoors stock exchange?

a) 25

b) 30

c) 40

 

9) On Wall Street bulls were traders who thought the market would

a) Rise

b) Fall

 

10) What did the “witch of Wall Street” invest in to become rich?

a) Ships

b) Banks

c) Railroads

 

11) How much money did she have?

a) 50 million dollars

b) 75 million dollars

c) 100 million dollars

 

12) What was the “short sale”?

a) Buy stocks fast then sell them the next day to those who didn’t know better

b) Buy stocks, drive price down, sell them back to original owner

c) Sell stocks while the price was still high

 

13) American Stock Exchange was formed in

a) 1920s

b) 1930s

c) 1940s

 

14) WWI closed Stock Market for

a) Days

b) Weeks

c) Months

 

15) What permitted NY to become the central Stock Exchange?

a) Telephone

b) Ticker tape machines

c) Telegraph

 

16) In the Dow Jones Average in the Wall Street Journal, how many stocks were featured?

a) 12

b) 15

c) 22

 

17) J.P. Morgan was

a) Head of Dupont Packaging Company

b) Power behind the President

c) King of corporate mergers

 

18) Did Morgan support or oppose child labor?

a) Support

b) Oppose

 

19) In what year did the bomb go off in front of Morgan’s building?

a) 1920

b) 1921

c) 1922

 

20) 1924-1929 Dow Jones Average shot up

a) 100%

b) 200 %

c) 300%

 

21) Buying stock “on margin” means

a) Buying stock for more than it is worth

b) Buying on credit

c) Buying future stock that is not yet offered

 

22) October of what year did disaster strike Wall Street when brokers called their margins in, calling for cash?

a) 1928

b) 1929

c) 1930

 

23) What was the problem?

a) Everyone wanted to sell, no one wanted to buy

b) Everyone wanted to buy, no one wanted to sell

c) No one wanted to sell or buy

 

24) Whitney bought how much stock in a few minutes?

a) $20 million

b) $30 million

c) $40 million

 

25) How long did the downward spiral of the market continue?

a) 2 years

b) 3 years

c) 4 years

 

26) How much money in investments was wiped out?

a) $72 billion

b) $39 billion

c) $48 billion

 

27) In what year was Rosevelt elected president?

a) 1930

b) 1931

c) 1932

 

28) Was Richard Witney for or against Roosevelt’s new regulations?

a) For

b) Against

 

29) What did WWII bring to Wall Street Stock Exchange?

a) Workers

b) Immigrants

c) Women

 

30) After WWII what did Meryll Lynch offer?

a) Tax preparers for everyone

b) Investment classes for women

c) Mutual funds

 

31) In 1954 the Dow Jones broke

a) 200

b) 300

c) 400

 

32) What does a “diversified portfolio” mean?

a) Investing in many types of stocks instead of just one

b) Investing in Railroad stock, which was doing so well

c) Investing only in top companies

 

33) In what year did the paper crunch start a crisis?

a) 1968

b) 1969

c) 1970

 

34) The dark side of computers is what?

a) Dow Jones Average plunged too rapidly

b) There were no humans to catch mistakes

c) The Market crashed again

 

35) How is Nasdec different from Wall Street?

a) Wall Street uses computers, with no face to face transactions

b) Nazdec uses computers, not face to face transactions