What was one MAJOR weaknesses in the economy during the 1920s

Many people bought thing on credit

What was a major contributing factor to the Stock Market Crash of 1929?

Engaging in stock market speculation

The banking panic during the Great Depression worsened the country's economic situation because it caused

Consumers withdrew money from banks which caused many banks to fail.

President Hoover was criticized by many Americans for which of the following?

failing to act soon enough to address the Depression

Why were the shantytowns constructed by the homeless nicknamed "Hoovervilles" during the Great Depression?

Many people blamed President Hoover's poliicies for the Great Depresssion

Which of the following was a major cause of the Great Depression?

the rapid decrease in consumer demand and purchasing power

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Unit 7 Dust Bowl/Great Depression Quiz

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Answers

1
The failure of crops as soil was destroyed and many farmers abandoned their land was due to
Dust Bowl
Stock Market Crash
Great Depression
Harlem Renaissance
2
What was one MAJOR weaknesses in the economy during the 1920s
Many people bought thing on credit
Low tariffs allowed cheap products
The was an even distribution of wealth
Strong industries like mining allowed for competitions
3
What was a major contributing factor to the Stock Market Crash of 1929?
The lack of industrial production
The over-regulation of the economy
Engaging in stock market speculation
The amount of funding for war efforts
4
The banking panic during the Great Depression worsened the country's economic situation because it caused
Consumers withdrew money from banks which caused many banks to fail.
Banking institutions to collect funds from the government.
Overseas investors to worry about giving money to America.
The government to stop reimbursing currency for gold bullion.
5
Generally, what event marked the beginning of the Great Depression in the United States?
the stock market crash of 1929
the repeal of the Glass-Steagall Act
the 1932 presidential election
the start of World War II
6
President Hoover was criticized by many Americans for which of the following?
causing the stock market crash by encouraging spending
interfering too much in the economy during the 1920s
forgiving foreign debts resulting from World War I
failing to act soon enough to address the Depression
7
Why were the shantytowns constructed by the homeless nicknamed "Hoovervilles" during the Great Depression?
President Hoover denied that there was a problem with homelessness
Many people blamed President Hoover's poliicies for the Great Depresssion
Many people felt that President Hoover was profiting from the Depression
President Hoover issued an executive order outlawing homeless shelters
8
Rising crime rates, Higher suicide rates, Increases of alcoholism were the caused of the ________
Great Depression
Palmer's Raid
Harlem Renaissance
Red Scare
9
In the 1930s, about 200,000 “Dust Bowl refugees” left their dry, lifeless farms and moved to California in search of
Job training
farm work
the chance to mine gold
free food and shelter
10
Which of the following was a major cause of the Great Depression?
excessive government spending on the military
increased government spending on social welfare programs
the rapid decrease in consumer demand and purchasing power
the large financial deficits resulting from World War I

Unit 7 Dust Bowl/Great Depression Quiz Flashcards | StudBud