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Causes of the Great Depression Flashcards | StudBud

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Causes of the Great Depression

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Questions 7

Answers

1
What happened when banks failed from 1929 - 1932?
people who didn't remove their money from the banks lost it
the government repaid investors' money
the government helped them re-open
other banks helped out
2
When did the Stock Market Crash occur?
October 24, 1929 "Black Tuesday"
October 24, 1926 "Black Tuesday"
October 24, 1929 "Black Sunday"
October 27, 1929 "White Tuesday"
3
One of the major causes of the stock market crash of 1929 was
failure of international banking systems
excessive buying of stocks on margin
low prices of stocks and bonds
overconsumption of goods and services
4
This statement focuses on which cause of the Great Depression?
A
B
C
D
5
Buying stocks and bonds on the chance of a quick profit, while ignoring the risk.
Specluation
Credit
Buying on Margin
Speculation
6
All of the following actions were causes of the Great Depression EXCEPT —
monetary policy of the Federal Reserve
tariffs decreasing trade
new business taxes
stock market speculation
7
______Paying a small percentage of a stock's price as a down payment and borrowing the rest?
Speculation
Specluation
Buying on Margin
Credit