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Question

The US stock market exchange faced a huge crash in ________.

A
1929
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B
1928
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C
1927
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D
1926
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Solution

The correct option is A 1929
In 1929, the US stock market exchange faced a huge crash when people began to sell their stocks after sensing a decline in the prices. Due to rapid selling of the stocks, the stock prices fell by 33% between September and November of 1929.

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