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Great Depression: Causes and Life Flashcards | StudBud
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Great Depression: Causes and Life
Great Depression: Causes and Life
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1
What percentage of Americans earned less than $2,500 a year?
2/3
1/4
100%
1/2
2
All of the following are causes of the Great Depression except:
High interest rates
Stock Market Crash
High Tariffs
Over-extension of Credit
3
What was the leading cause of the Dust Bowl?
Stock Market Crash
Over-extension of credit
Overproduction and Farming
Business Failures
4
What were these town called?
FDR's Paradise
Hoovervilles
Wilsonites
Ghettos
5
What was the leading cause of breadlines?
Unemployment
Flour shortage
Italians ate all the bread
Shirtwaist bread fire
6
All of the following are reasons for the booming economy of the 20's except:
The Steel Industry
Film Industry
Jazz Music
Professional Sports
7
What was isolationism?
U.S helping Europe
U.S. joining Europe
U.S. staying out of European problems
War with Europe
8
Which cause is associated with the saying "Run on the bank"?
Distribution of Wealth
Bank Failures
High Tariffs
Stock Market Crash
9
True or false: The Grapes of Wrath was written about the Great Depression
True
False
10
Who "rode the rails"?
Hobos
Hitch Hikers
Homeless men
Trains
11
What is happening in this picture?
Sit-down
Strike
Rally
Marathon
12
What is a stock?
Products made by a company
Complete ownership in a company
Payments made to a company
Partial ownership in a company
13
What did farmers buy on credit?
Farm Animals
Produce
Farm Equipment
Seeds
14
What did Americans buy on credit?
Stocks
Clothes
Entertainment
Appliances
15
Where did most Okies migrate to?
California
Idaho
Missouri
Oregon
16
What was the bonus army?
Women who wanted &&
Okies who wanted $$
Soldiers who wanted $$
Unemployed workers who wanted $$
17
What day did the stock market crash?
Jan. 3, 1929
Nov. 5, 1930
Feb 23, 1930
Oct. 29, 1929
18
The economy of the 1920's can best be described as:
Based on credit
Inflated
Bad
Good
19
Business closed during the Great Depression because:
People had no money to spend
The government shut them down
They hired to many workers
They lost all their investments
20
What percentage of people were unemployed by 1933?
50%
25%
15%
30%
21
Why did the stock market crash?
The money was lost in a fire
The computers broke
It was based in borrowed money
All of the above
22
What is Oct. 29, 1929 famously called?
A Black Day
Black Monday
Black Tuesday
Black Friday
