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10 22.11.25 History Great Depression Crash Course Flashcards | StudBud
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10 22.11.25 History Great Depression Crash Course
10 22.11.25 History Great Depression Crash Course
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1
Higher trade tariffs meant there were fewer __________
buyers
all of the options
sales
jobs
2
US President Hoover said the primary cause was ________ because of the web of debts and reperations that it created.
the Great Depression
World War One
the Stock Market Crash
World War Two
3
There was a wave of small _________ failures.
business
bank
farm
government
4
The________sector had suffered during the 1920s and farm prices kept dropping.
agricultural
public
mining
tertiary
5
US unemployment peaked at ________.
25%
30%
15%
20%
6
Britain abandoned the _________standard in 1931 but US did not, which froze up world financial markets.
money
debt
silver
gold
7
In 1932 the US government started the Reconstruction Finance Corporation which was a ________program.
employment
construction
bailout
breakthrough
8
By 1925 car manufacturing and residential construction __________.
failed
stopped
slowed
sped up
9
The Federal Reserve Bank did not infuse money into the economy to combat the _________cycle.
economic
deflationary
motor
inflationary
10
The_______ of the Great Depression is complicated but it began after the Stock Market Crash of 1929 not because of it.
reason
end
cause
thing
11
Hoover’s Treasury Secretary’s advice was to liquidate ________
stocks
all of the options
real estate
labour
