Test your knowledge of recent stock market downturns and financial crises with this comprehensive 15-question quiz. Challenge yourself and learn about the most significant market events of recent years.
Question 1 of 15
1. Which event in March 2020 caused the fastest fall into bear market territory in Wall Street history?
The COVID-19 pandemic
The US-China trade war
The Brexit decision
The collapse of oil prices
2. In 2022, which tech company lost over $1 trillion in market value, the first ever to do so?
Amazon
Microsoft
Apple
Tesla
3. What was the name given to the 2022 cryptocurrency market crash that saw Bitcoin lose over 65% of its value?
Cryptowinter
Blockchain Blackout
The Bitcoin Bust
Digital Depression
4. Which bank collapsed in March 2023, marking the second-largest bank failure in US history?
Lehman Brothers
Silicon Valley Bank
Goldman Sachs
Wells Fargo
5. What was the main cause of the 2022 meme stock crash (AMC, GameStop)?
Hedge funds short squeezing
Retail investor coordination on Reddit
Company bankruptcy filings
Government regulation changes
6. Which index dropped nearly 20% in the first half of 2022, marking its worst first half since 1970?
Dow Jones Industrial Average
S&P 500
NASDAQ Composite
Russell 2000
7. What caused the "Flash Crash" of May 2010 where the Dow Jones dropped nearly 1,000 points in minutes?
A trading algorithm malfunction
Terrorist attack fears
Greek debt crisis
Federal Reserve policy change
8. Which company's stock plummeted after the FAA grounded its 737 MAX aircraft following two fatal crashes?
Airbus
Boeing
Lockheed Martin
General Electric
9. What was the name of the cryptocurrency exchange that collapsed in November 2022, causing massive losses?
Binance
Coinbase
FTX
Kraken
10. Which sector was hit hardest during the March 2020 COVID-19 market crash?
Technology
Financials
Energy
Travel and leisure
11. What term describes when investors sell off assets rapidly due to fear, causing prices to drop further?
Bear trap
Short squeeze
Capitulation
Arbitrage
12. Which Federal Reserve policy change in 2022 contributed significantly to market declines?
Quantitative easing
Interest rate hikes
Removing the gold standard
Deregulating banks
13. What was the approximate percentage drop in the S&P 500 from peak to trough during the 2020 COVID crash?
20%
34%
50%
65%
14. Which of these stocks was NOT considered a "meme stock" during the 2021 frenzy?
GameStop (GME)
AMC Entertainment (AMC)
BlackBerry (BB)
Apple (AAPL)
15. What record did the NASDAQ set during the 2020-2021 bull market before crashing in 2022?