What was buying on margin?

Buying Stocks on the possible profit they could make.

What were the causes of the Great Depression?

overproduction, decline in demand, gap between rich and poor

The stock market crash hurt American banks because

banks had invested depositors money

Stock prices began to fall in late 1929 because

investors began to sell their stock

How did the Federal Reserve help bring about the Great Depression?

low interest rates, people bought luxuries, installment plan

What caused the Dust Bowl?

overgrazing, poor cropsremoved nutrients from soil, drought

What was the purpose of FDR’s Fireside Chats?

restore people’s confidencein the banks/government

What caused the Stock Market Crash?

poor investment in stocks, overproduction, buying on margin

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The Great Depression

14 termsStudBud Administration153 plays

A review on the Great Depression

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Questions 14

Answers

1
What was buying on margin?
Buying Stocks with a Credit Card
Buying Stocks on the possible profit they could make.
Buying Stocks with others money.
2
What were the causes of the Great Depression?
overproduction, decline in demand, gap between rich and poor
Herbert Hoover's Policy
End of WWI
Decrease in Supply in goods, High Prices, Banks Closing
3
What were the goals of FDR’s New Deal?
Recovery
Reform
All three Rs
Relief
4
The stock market crash hurt American banks because
banks had invested depositors money
banks used income from stocks to operate
investors couldn't afford loans from banks
investors were broke
5
What is considered the start of the Great Depression?
Building the Hoover Dam
Stock Markest Crash
Herbert Hoover Leaving Office
Run on the Banks
6
This group of veterans marched on Washington in 1932 to receive their WWI bonus payments early.
Bonus Squad
Bonus Group
Bonus Soldiers
Bonus Army
7
Who was President at the time of the Stock Market Crash?
Herbert Hoover
Barack Obama
Woodrow Wilson
FDR
8
Stock prices began to fall in late 1929 because
stockbrokers stopped making loans
several companies went bankrupt
company earnings declined
investors began to sell their stock
9
During the depression, when a bank collapsed
the government covered the banks debts
depositors lost their savings
the government took over
the government repaid customers
10
How did the Federal Reserve help bring about the Great Depression?
It did not give money to banks who could not pay back debt
Federal Reserve provide money to anyone who wanted some.
The Federal Reserve did not bring the Great Depression
low interest rates, people bought luxuries, installment plan
11
What actually ended the Depression?
WWII
The New Deal
The Second New Deal
FDR leaving office
12
What caused the Dust Bowl?
Nothing, it just happend
overgrazing, poor cropsremoved nutrients from soil, drought
Famers burning the soil and cars driving over fields
Hoovers overuse of the midwest for resources
13
What was the purpose of FDR’s Fireside Chats?
Just to chat with America
restore people’s confidencein the banks/government
To let Americans know he was doing much to fix the U.S.A
To tell Americans to go to war with Germany
14
What caused the Stock Market Crash?
poor investment in stocks
overproduction
Spending from WWI
buying on margin

The Great Depression Flashcards | StudBud