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Great Depression
Great Depression
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1
Which was not a cause of the Great Depression?
crisis in the farm sector
growing number of homeless people
availability of easy Credit
tariffs on foreign goods
2
which of the following was not an effect of the Great Depression
many families became homeless
many people started farming
many men became unemployed
many children had a poor diet
3
This term refers to making extremely risky business transactions on the chance of making quick or considerable profits.
speculation
guess work
prediction
risk taker
4
Which of the following intensified the devastation of the Great Depression?
Red Scare
an influenza epidemic combined with poor healthcare
beginnings of WWI
drought and dust storms in the Great Plains
5
consumers agree to buy now and pay Later for purchases, often on an Installment plan that includes interest.
credit
debit
mortgage
loan
6
the bottom fell out of the Stock Market and the nation’s confidence. October 29 1929, this day is known as what?
Black Friday
Doomed Monday
Wacky Wednesday
Black Tuesday
7
This happened In the Great Plains Region (Midwest),worthless For farming due to drought and dust storms in the 1930s.
Dust Bowl
The Great Sand Storm
Hobos
Dirt Devil
8
This is the period from 1929 to 1940 In which the economy plummeted, and unemployment skyrocketed.
Great depression
Great Recession
Stock Market
Farmers struggles
9
Which of the following increased in the 1920s?
domestic demand for U.S. farm products
prices for farm products
farmers debts
foreign demand for US farm products
10
based on the stocks of 30 large firms on the New York Stock Exchange. This measures the health of the Stock Market.
nasdaq
buying on margin
DOW Jones industrial average
speculation
11
which of the following describes a government system for giving payments or food to the poor?
direct relief
Bonus Army
rugged individualism
price support
12
Which economic factor contributed most directly to the start of the Great Depression?
high income taxes
low worker productivity
buying stocks on margin and credit
decreasing tariff rates
13
This is also known as a “Hoovervilles” which are little Towns consisting of shacks.
huts
tent city
trenchtown
shantytown
14
Which was not a cause of the Dust Bowl?
overproduction of crops and over use of the land
drought
thick layers of prairie grasses to protect the soil
high winds