The Great Depression can be described as...

a symptom of an economic downturn

'Relief' referred to ........

financial aid for the unemployed

Buying on credit often meant there was a very low down payment, but...

years of future payments before the balance was paid

Canada depended on the USA because we....

bought more goods from them and had less of our own to sell

Causes of the Great Depression include...

over production and buying things we could not pay for

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Canada's Dirty Thirties

15 termsStudBud Administration55 plays

1930's Canada

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Questions 15

Answers

1
'Tariffs' is another word for
investments
margins
taxes
financial aid
2
The Great Depression can be described as...
all of the previous answers
the business cycle
an economic upswing
a symptom of an economic downturn
3
By 1933, the percentage of Canadians were unemployed.
25%
33%
70%
50%
4
Black Tuesday refers to the day in October when...
the markets closed
all of the previous answers
the markets crashed
the 'On-to Ottawa trek' happened
5
An investor can make money on stocks if they...
keep them for a long time
buy low and sell low
buy high and sell high
buy low and sell high
6
The 'dust bowl' created a worse scenario for Canadians who lived...
Ontario
in British Columbia
in the Maritimes
the Prairies
7
'Relief' referred to ........
financial aid for those who lost money on stocks
financial aid for everyone
selling stocks at a lower price
financial aid for the unemployed
8
A stock certificate is proof that one
earns capital gains
is a stock broker
works in the stock exchange
invests money in a company
9
Buying stocks on 'margin' meant that people bought them...
daily
without paying for them
with no credit check
by the dozens
10
Which list of terms relate to a business cycle?
recession, rising, falling
round, upswing, downturn
depressed, prosperous, crashed
none of the previous answers
11
Buying on credit often meant there was a very low down payment, but...
weeks of future payments before the balance was paid
one year of future payments before the balance was paid
years of future payments before the balance was paid
decades of future payments before the balance was paid
12
Canada depended on the USA because we....
were influenced by the New York Stock Exchange
didn't have the same kind of defence system as they did
were close neighbours
bought more goods from them and had less of our own to sell
13
Causes of the Great Depression include...
soup kitchens and bread lines
over production and buying things we could not pay for
Bennett blankets
Bennett buggies
14
In the 1930's, Canadians experienced many __________________.
hardshships
economic downturns
upswings
turmoil
15
Businesses didn't always make money, because they used investment money to...
taking expensive vacations to the USA
bought products using credit
expanding their business
buy themselves lots of things

Canada's Dirty Thirties Flashcards | StudBud