Why did so many banks fail during the Great Depression?

The banks made risky loans that weren't paid back., The banks invested their depositors $ in the stock market.

What do most historians credit with ending the Great Depression?

Massive government spending in preparation of WWII.

How do the Federal Reserve and the government respond to economic slowdowns today?

They make money available to individuals and businesses.

Which of the following trends during the 1920s set the stage for the Great Depression?

Americans building up personal debt.

What caused Herbert Hoover to raise taxes during the Depression?

He wanted to balance the federal governments budget.

Which of the following is a true statement about Black Tuesday?

Result of a decline in demand for stocks in the 12 months

Which of the following problems was a key factor that helped lead to the Great Depression?

Americans were spending too much money they didn't have.

Which of the following is an opinion about credit?

We would be better off if credit cards were never invented.

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Causes of the Great Depression - BrainPop

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Answers

1
Why did so many banks fail during the Great Depression?
The banks used their depositors $ to buy cars, radios, etc.
Back then banks had no deposits - they only made loans.
The banks made risky loans that weren't paid back.
The banks invested their depositors $ in the stock market.
2
What do most historians credit with ending the Great Depression?
Massive government spending in preparation of WWII.
The passage of the National Recovery Act in 1933.
The end of WWI.
The election of Franklin D Roosevelt in 1932.
3
How do the Federal Reserve and the government respond to economic slowdowns today?
They keep a tight rein on the money supply.
They make money available to individuals and businesses.
They don't do anything; the market corrects itself.
They raise interest rates to encourage savings.
4
Which of the following choices describes a recession?
Supply increases very quickly.
Supply is greater than demand.
Demand is greater than supply.
Demand increases very quickly.
5
Which of the following trends during the 1920s set the stage for the Great Depression?
Banks making lots of very safe loans.
Americans refusing to play the stock market.
Americans building up personal debt.
A lack of developed farmland in the Midwest and Great Plains
6
What caused Herbert Hoover to raise taxes during the Depression?
He wanted to distribute money from the wealthy to the poor.
He thought that collecting taxes would make stocks rise.
He wanted to balance the federal governments budget.
He wanted to prolong the recession for political gain.
7
Which of the following is a true statement about Black Tuesday?
Result of a decline in demand for stocks in the 12 months
It was caused by the Dust Bowl that wiped out farms.
It was the direct cause of the Great Depression.
It caused the problems that led to the Great Depression.
8
Which of the following problems was a key factor that helped lead to the Great Depression?
The US was in a costly war.
Americans were spending too much money they didn't have.
Americans were going to too many jazz concerts.
Business profits were split between workers and management.
9
What can you infer about the federal government's economic policies during the Roaring Twenties
It encouraged spending.
It encouraged the fair distribution of wealth.
It encouraged saving.
It regulated the stock market tightly.
10
Which of the following is an opinion about credit?
We would be better off if credit cards were never invented.
The easy availability of credit led to an increase in debt.
During the 1920s people could buy stock on credit.
Credit makes it easier to buy things people can't afford.

Causes of the Great Depression - BrainPop Flashcards | StudBud