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The Great Depression Flashcards | StudBud
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The Great Depression
The Great Depression
19 terms
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Great Depression
Flashcards
19 cards
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Practice quiz
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Questions
19
Answers
1
Which insurance is used in case you or a family member dies?
health
disability
life
emergency fund
2
Which president created the New Deal?
FDR
Teddy R.
Hoover
Obama
3
How much should be in your emergency fund?
1-2 months
3-6 months
5-7 months
3-6 years
4
This shanty towns where built for families that lost everything...
Trailers
FEMA Housing
Box Car
Hoovervilles
5
Increase in the general price level of goods and services in an economy over a period of time.
inflation
interest
retirement fund
deflation
6
A ________ is an organized system for buying and selling shares, or blocks of investments...
Hoovervilles
Stock Exchange
Bank Exchange
Black Tuesday
7
When you buy something with borrowed money you buy in on...
cash
credit
default
bitcoins
8
What is a stock?
Part of an emergency fund
Money
Something you wear
Part ownership of a company
9
We study the Great Depression so that...
So we can watch Cinderella Man
Because we have to
It doesn't happen again
To learn about stocks
10
When you fail to meet loan payments (paying loans back) This is known as...
poverty
credit crisis
bonus arm
default
11
This type of insurance protects people is they lose their job.
Social Security Act
employment
Unemployment
Welfare
12
Out of the ________ came laws and regulations that affected banking, stock market, relief, etc
100 Days
FDR
New Deal
Indian Reorganization Act
13
Which of these can't you get rid of until it is paid off?
Student Loan
Mortgage
Credit Card
Car loan
14
I make $1500/month-my living expenses are 300/month, how much should be in my emergency fund?
$1800
$1900
$700
$800
15
Interest added to the principal of a deposit is known as...
Mutual Funds
Bitcoins
Compound Interest
401k
16
This is a payment for older and retired people... Teachers have something called TRS.
Welfare
Work Relief
Pension
Schemes
17
What is an emergency fund used for?
Chipotle
To buy Christmas presents
An unexpected event
A new video game
18
Which insurance is used in case you or a family member gets hurt and can't go to work?
emergency fund
health
life
disability
19
A severe economic crisis
Collapse
Black Tuesday
Great Depression
Black Thursday