KQ5 - The End of Prosperity

• In the 1920s 5% of Americans earned what percentage of all the money?

  33%
• What percentage of Americans still lived on farms in the 1920s?

  30%
• What percentage of Americans lived close to or below the poverty line in the 1920s?

  Over 60%
• What percentage of American families earned less than $2,000 per annum in the 20s?

  50%
• In what year was there a sudden fall in property prices in Florida?

  1926
• What was the value of stocks in 1925 and October 1929?

  1925: $27B

  1929: $87B
• How many shareholders were there in the stock market in the summer of 1929?

  20 million
• What percentage of money spent on a product was borrowed in the 20s?

  75%
• When did the WSC occur?

  29th October 1929
• What is the day of the WSC known as?

  Black Tuesday
• How many people were unemployed in the US by the end of 1929?

  2.5 million
• How much did the number of goods sold in retail stores fall by from 1929-1933?

  Half