Question

Which statement best explains what happened in the stock market from August to the end of October?
- The market increased its value.
- The market lost much of its value.
- The market totally collapsed.
- The market slowly inched upward.

The graph is "1929 Drop in Stock Prices"

Answer 1

Answer:

The market lost most of its value

Explanation:

The graph actually went downhill so that means that the stock market couldn't have been making money/financially growing. So, that knocks out option 1 and option 4. I wouldn't say that the market totally collapsed otherwise it would be at the very bottom with barely any money. So, that means it decreased but not a huge substantial amount as collapsing.

Answer 2

Answer:

The market lost much of its value

Explanation:

The graph actually went downhill so that means that the stock market I wouldn't say that the market totally collapsed otherwise it would be at the very bottom with barely any money. So, that means it decreased but not a huge substantial amount as collapsing.