Based on the information in the graph, 1928 was a bull market year. During that year, the Dow Jones increased from 150 in 1927 to 200 in 1928, indicating a rise in stock prices.
A line graph titled “Stock Market Before and After Black Tuesday” shows the yearly average for the Dow Jones stock market for the years 1927–1933.The line is jagged, and the data points are as follows:
Year Dow Jones
1927 150
1928 200
1929 320
1930 290
1931 190
1932 80
1933 50
Black Tuesday is indicated in between 1929 and 1930, where the Dow Jones drops to 220 after peaking at 380.
Question
Use the chart to answer the question.
Based on the information in the graph, which was a bull market year?(1 point)
Responses
1928
1928
1930
1930
1931
1931
1932
1932
1 answer