The Back-To-Back Recessions That Began in 1929 and Ended in 1938

question 119

Multiple Choice

The back-to-back recessions that began in 1929 and ended in 1938 are collectively known as:

• A) the Gilded Age.
• B) the Great Downturn.
• C) the Roaring Twenties.
• D) the Great Depression.
• E) the Great Recession.

---

Definitions:

After-Tax Earnings

The net income of a company after all taxes have been deducted from revenues.

Par Value

The nominal or face value of a stock or bond, as stated by the issuing corporation.

Large Stock Dividend

A distribution of a substantial number of shares to a company's shareholders, often used to conserve cash while still rewarding investors.

Market Value

Market value is the current price at which an asset or service can be bought or sold in the market.