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9th 3-2 Great Depression Begins Flashcards | StudBud
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9th 3-2 Great Depression Begins
9th 3-2 Great Depression Begins
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Beginning of the Great Depression questions. #greatdepression
Flashcards
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Questions
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Answers
1
The term for paying a small percent of the stock price and borrowing the rest.
Share holding
Buying on margin
Tariffs
International debt
2
Between 1930 & 1933, how many banks were forced to close?
9,000
millions
60,000
500
3
Which of the following was
NOT
a reason for the Stock Market crash of 1929?
too few people were investing in the stock market
People were buying stocks “on margin”
Many people could not afford goods they helped make
markets were saturated, businesses couldn't sell more goods
4
The nickname given to Tuesday, October 29th, 1929.
Black Friday
The Great Depression
D-Day
Black Tuesday
5
This helped the stock market crash: Banks invested money on credit which depended upon...
high taxes
unpaid loans
stocks
tariffs
6
How much money was lost when the banks collapsed, beginning the Great Depression?
$2.5 billion
$2.5 million
$2.50
$2.5 trillion
7
The unemployment rate was worse in cities in the...
Pacific Coast
Mid-West
South
North East
8
Goods in the US were becoming more expensive because of taxes placed on imported items, called:
Tariff
Dividend
Profit
Deposit
9
Farmers who moved west to look for work were known as...
Pokies
Hokies
Okies
Cali's
10
By 1933, what percentage of the population was unemployed?
20%
15%
30%
25%
11
The large dust storm created by years of drought and soil mismanagement was called the...
Soil Bowl
Dust Bowl
Dirt Bowl
Super Bowl
