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:

Question

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

Answer 1

Based on the data provided, a bull market is typically identified by rising stock prices. In the years provided:

• In 1927, the Dow Jones was 150.
• In 1928, it rose to 200.
• In 1929, it rose further to 320 before peaking at 380.
• However, from 1930 onward, the Dow Jones shows a decline (290 in 1930, 190 in 1931, 80 in 1932, and 50 in 1933).

The only year with a continued increase before experiencing a peak is 1928. Therefore, the bull market year is:

1928.