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Great Depression
Great Depression
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A quiz about the beginning of the #greatdepression
Flashcards
15 cards
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Practice quiz
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Questions
15
Answers
1
The Dust bowl refers to what?
Having Dirty Dishes
A Beer Company in Turlock
Dust Storms and Drought in 70's
Dust Storms and Drought in 30's
2
What did farmers do when faced with less demand?
Increased Production
Did nothing
Sold their farm
Decreased Production
3
October 29, 1929 is known as:
Black Wednesday
Black Tuesday
Black Friday
Black Thursday
4
The Great Depression spanned which years?
1929-1940
1920-1929
1996-2019
1929-1950
5
Which important industry did NOT struggle before the crash?
Steel
Agriculture
Stock market
Housing
6
Buying Stocks on Margin is what?
Buying stock with down payment and the rest on credit
Selling stocks to pay off bank debts
Selling stocks just in time
Buying the stock with cash
7
By the late 1920s Consumers were buying
Less
More
Not sure
Same
8
After the crash, many Americans panicked and _____ their money from banks
Checked their Balance
Filled their account with unsold corn
Deposited
Withdrew
9
Who won the 1928 Presidential Election?
Alfred E. Smith
Herbert Hoover
10
The _____ Industry struggled in the 1920's
Consumer Goods
Agriculture
Housing
Stock Market
11
What percentage of families lived below $2500 a year?
70%
50%
60%
80%
12
During the depression, unemployment:
Increased
Stayed the same
Decreased
Didn't Exist
13
Too many Americans were engaged in ________ – buying stocks & bonds hoping for quick profit
Corruption
Inflation
Speculation
Over Spending
14
The Dow Jones Industrial Average was the barometer of the _________'s worth
Stock Market
Jobs Market
Steel Industry
Housing Market
15
After World War I, what happened to the farming industry demand
Increased
Stayed the same
Decreased
