How did the Hawley-Smoot Tariff help cause the Great Depression?

it ultimately made foreign markets stop trading with us

How did speculation add to the cause of the depression?

people received loans that they couldn't afford

What was the effect on the banks closing?

People could no longer borrow money to spend on goods

"We are nearer to the final triumph over poverty..." - Hoover Why is this quote ironic?

The U.S will see it's greatest poverty in his presidency

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Causes and affects of the Great Depression

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Most questions ask about the causes. Last few are about the impacts on the lives of people during the depression.

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Questions 12

Answers

1
Who was president during the start of the Great Depression?
Franklin D. Roosevelt
Woodrow Wilson
Teddy Roosevelt
Herbert Hoover
2
How did the Hawley-Smoot Tariff help cause the Great Depression?
it started to make people rely on government help
it ultimately made foreign markets stop trading with us
farmers then started producing more crops
farmers were starting to trade more with outher countries
3
How did some people cope with the Great Depression?
started working as volunteers
started calling their mommies
started going on vacation
started going to the movies
4
What was the dust bowl?
an area in the northeast of the U.S with no cities
a place where animals and ppl would suffocate from the dust
the great plains area with a major drought
both B and C
5
What did some men turn to during the depression to find work?
becoming a hobo
getting married to wealthy women
becoming stock brokers
becoming farmers
6
How did the stock market crash effect the U.S banks?
they loaned money to the speculators
both A and B
banks started making money
they had ivested money from the depositor's money in it
7
How did speculation add to the cause of the depression?
investors didn't get the loans needed
it made for overproduction of goods
people received loans that they couldn't afford
brokers were stingy with their money
8
How did the lifestyles of the 1920's cause the Great Depression?
speculation of the stock market
Overproduction of goods
Buying on credit
all of the above
9
What was NOT a cause of the Great Depression?
stock market crash
overproduction
employment increase
risky lending policies
10
What was the effect on the banks closing?
the dust bowl
More people could now get loans
People could no longer borrow money to spend on goods
the stock market crashed
11
How did the arts and entertainment reflect the experiences of the great depression?
photography captured the heartache of America
movies were made to brighten up people's hopes
books were written about realistic events
all of the above
12
"We are nearer to the final triumph over poverty..." - Hoover Why is this quote ironic?
Hoover gets the U.S out of poverty
The U.S will see it's greatest poverty in his presidency
Hoover didn't state it, FDR did
America enters the most prosperous time period

Causes and affects of the Great Depression Flashcards | StudBud