Why was buying on the margin so risky?

there was no way to pay back the bank if stocks went down

The Great Depression was a time when all of the following happened EXCEPT

the return of limited governments

One thing that made the Great Depression especially hard on European countries was that

they owed the US a lot of money and could not pay them back

Why did FDR implement government programs with his New Deal?

to increase employment through government spending

Why was the American economy not as strong as most people thought during the 1920's?

American goods were not being sold very much abroad

How does war produce money and cause the economy to go up?

large amounts of weapons are made and this creates jobs

All of the following are reasons that Germany was poor during the 1920's EXCEPT

too much trade with other countries

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7-4 Quiz 3

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Questions 11

Answers

1
Why was buying on the margin so risky?
it never made anybody any money
there was no way to pay back the bank if stocks went down
it usually led to gambling problems
it always caused stocks to go down
2
Which of the following describes the United States during the 1920's?
economic bust
a time where all worked hard
depression
economic boom
3
The Great Depression was a time when all of the following happened EXCEPT
the return of limited governments
high unemployment
isolationism
the return of unlimited governments
4
One thing that made the Great Depression especially hard on European countries was that
they owed the US a lot of money and could not pay them back
the war economy boosted their status
the fact that there were no soup lines
the use of U boats made it difficult to trade
5
Why did FDR implement government programs with his New Deal?
to increase employment through government spending
to take away factory jobs
to get the US back into the war
to increase trade with Germany
6
Why was the American economy not as strong as most people thought during the 1920's?
the war had made it difficult to rebuild the country
the auto industry went broke
nobody wanted to have any fun
American goods were not being sold very much abroad
7
How does war produce money and cause the economy to go up?
it makes people want to buy things
it causes stocks to decrease
large amounts of weapons are made and this creates jobs
it gives people more hope
8
The day that the stock market crashed is known as
Black Tuesday
Black Monday
Black Friday
Black Thursday`
9
The most popular form of govt during the Great Depression in Europe (Rousseau's favorite) is
absolute monarchy
totalitarianism
constitutional monarchy
democracy
10
The president during the Great Depression was
Franklin Delano Roosevelt
Woodrow Wilson
Teddy Roosevelt
JFK
11
All of the following are reasons that Germany was poor during the 1920's EXCEPT
too much trade with other countries
the Treaty of Versailles
their country was destroyed by war
Hyperinflation

7-4 Quiz 3 Flashcards | StudBud