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Causes of The Great Depression Flashcards | StudBud
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Causes of The Great Depression
What is overproduction?
What was that day called?
Causes of The Great Depression
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Answers
1
What was that day called?
Good Friday
Purple Tuesday
Black Friday
Black Tuesday
2
What is overproduction?
Buying too many goods
Making too many goods
Not buying enough goods
Making too little goods
3
Which of the following is characterized by making risky investments in hope of earning large profits
Cow Market
Bull Market
Speculation
Stipulations
4
Which of the following is characterized by a steady rise in the stock prices over a long period of time
Speculation
Cow Market
Bull Market
Stipulations
5
Which of the following is NOT a cause of the Great Depression
Banking Crisis
Income Gap
Global Depression
Imperialism
6
How did people make up for the growing income gap before the Great Depression?
Buying on credit
Buying on speculation
Working less hours
Bull market
7
What is underconsumption?
Making too little goods
Not buying enough goods
Buying too many goods
Making too many goods
8
On what date did the Stock Market crash?
October 29, 1800
October 29, 1929
October 31, 1800
October 31, 1929
9
What is a bank run?
Everyone lines up to take their money out at the same time
Bankruptcy
A bank runs away
Robbing a bank and running
10
Which of the following is when someone borrows from the bank and put this money into the stock market
Speculation
Buying on Margin
Buying on Reddit
Buying on credit
