Unit 8 - AP European History: 1920s Economic Optimism & Culture - Withrow
Source 1
“Among the yardsticks for predicting the behavior of stocks which have been rendered obsolete,” Dr. Dice went on, “are the truism that what goes up must come down, . . . that stock prices cannot safely exceed ten times the net earnings available for dividends on the common stock per share.”
“The day of the small investor is here. Once despised and turned away, he is now sought day and night. The appeals come from the best banking houses as well as from the fly-by-night operator. The wage earner is made aware of how easy it is to build up an estate by small installment payments.”
Stock Prices Will Stay at High Level for years to Come, The New York Times, Oct. 13, 1929.
Question 1
The excerpt from The New York Times reflects which of the following economic trends of the late 1920s?
Question 2
The reference to the 'small investor' in the source is indicative of which broader societal change during the 1920s?
Question 3
The source's claim that 'stock prices cannot safely exceed ten times the net earnings' suggests which of the following about the period's economic mindset?
Question 4
The tone of the source regarding the future of stock prices can best be described as:
Question 5
The appeal to the 'wage earner' to invest in the stock market is most closely associated with which of the following developments?
Teach with AI superpowers
Why teachers love Class Companion
Import assignments to get started in no time.
Create your own rubric to customize the AI feedback to your liking.
Overrule the AI feedback if a student disputes.