The Stock Market Crash of 1929 May Have Been Avoided

question 25

Multiple Choice

The stock market crash of 1929 may have been avoided if:

• A) investors had acted rationally.
• B) investors had placed more money in savings.
• C) firms had been more objective in their decision making.
• D) the U.S. government had stayed with the gold standard.

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Definitions:

Average Time

A metric that represents the mean duration taken for a specific process or activity to occur, often used in operations and project management.

Standard Time

The predetermined amount of time allocated for the completion of a specific task, under normal working conditions.

Error Level

A measure of the frequency or magnitude of mistakes, inaccuracies, or deviations from a standard within a process or system.

Confidence

The feeling or belief that one can rely on someone or something; firm trust.