Causes of the Great Depression TCI Ch.31/32

The Hawley-Smoot tariff was a good idea to protect American manufacturers

Which of the following best describes Black Tuesday?

The Stock Market Crash caused the great depression

What happened in the 1932 election?

What should the FED have done in the 1930's to ease the depression?

Not buying goods that are available leading to a surplus

"It is the responsibility of the government to ease the suffering of the many."

Which of the following was a serious problem for most Americans in the depression?

"It is our right to overthrow the government, we need to rise up and take back the country!"

Which of the following is most related to underconsumption?

How does the Federal Reserve control the money supply?

Deflation causes all of the following EXCEPT:

Examime the flowchart: Which statement is missing?

"People need to work for themselves to get out of this mess, it is not the government's job!

Paying ten percent of a stock's price and taking a loan for the other 90% is called