What was an underlying cause of the Great Depression?

unequal distribution of income throughout the 1920s

In the1920's, the main view of govt's role in the US economy was that the government should

interfere as little as possible

One of the major causes of the stock market crash of 1929 was

excessive buying of stocks on margin

Why did many United States farmers fail to benefit from the economic prosperity of the 1920s?

Agricultural goods were overproduced

The economic boom of the 1920s was fueled in part by

increased investment in the stock market

During the 1920s, much of the debt accumulated by consumers was due to

installment buying of manufactured goods

What was a major cause of the Great Depression?

overproduction and underconsumption

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Causes of Great Depression NY Regents Q's

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Answers

1
What was an underlying cause of the Great Depression?
unequal distribution of income throughout the 1920s
rapid increase in federal defense spending following World W
failure of American farmers to produce enough food after Wor
adoption of high federal income tax rates during the 1920s
2
What was 1 feature of the US economy during the 1920s that contributed to the Great Depression?
increase in federal regulation
growth of the trade deficit
influence of foreign corporations
expansion of easy credit
3
In the1920's, the main view of govt's role in the US economy was that the government should
play a major role through regulatory action
control the means of production
promote the welfare state
interfere as little as possible
4
One of the major causes of the stock market crash of 1929 was
overconsumption of goods and services
excessive buying of stocks on margin
low prices of stocks and bonds
failure of international banking systems
5
Why did many United States farmers fail to benefit from the economic prosperity of the 1920s?
Agricultural goods were overproduced
No technological advances were made in agriculture.
Levels of farm production declined.
Farm exports were heavily taxed.
6
This statement focuses on which cause of the Great Depression?
low wages of American workers
high protective tariffs
restriction of credit by banks
overspeculation on the stock market
7
The economic boom of the 1920s was fueled in part by
increased investment in the stock market
tariff reductions on European goods
construction by the Tennessee Valley Authority (TVA)
government subsidies paid to farmers
8
What were two basic causes of the Dust Bowl during the early 1930s?
overfarming and severe drought
clear-cutting of forests and construction of railroads
overpopulation and urban sprawl
strip mining and toxic waste dumping
9
During the 1920s, much of the debt accumulated by consumers was due to
raising income taxes
overproduction of farm products
long strikes by labor unions
installment buying of manufactured goods
10
What was a major cause of the Great Depression?
a decrease in the supply of consumer goods
an increase in the price of wheat on the world market
overproduction and underconsumption
an increase in demand for imported products

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