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The Good Times End Chapter 7 lesson 3 Flashcards | StudBud
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The Good Times End Chapter 7 lesson 3
The Good Times End Chapter 7 lesson 3
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1
What marked the beginning of the Great Depression?
The election of Herbert Hoover
Unemployment found in rural regions
The ending of WWI
The stock market crash of 1929
2
What big mistake did investors make when purchasing stock in 1929?
They bought stock with credit, borrowed money
They bought only one type of stock
They suddenly refused to buy stock
They bought too little stock
3
Why did peoplet use the names Hoovervilles, Hoover blankets, and Hoover flags?
People wanted to show President Hoover respect
People loved President Hoover
People liked to say President Hoover's name
People were angry and blamed President Hoover
4
Why did FDR win the Presidency?
He offered stock to people at cheap prices
He was more handsome than Herbert Hoover.
People just wanted a new president
He promised to help those in need
5
Where is the Stock Exchange on Wall Street located?
Atlanta, Georgia
New York, New York
Washington D.C.
San Francisco, California
6
What are people called who purchase the stock offered by the stock market?
investors
crazy
rich
credit
7
Why was President Hoover blamed for the Depression?
He bought all the stock himself
He caused the stock market crash
He told the banks not to help
People felt that he did not do enough
8
Who was president when the Great Depression began?
Franklin Roosevelt
Morgan Stanley
John Adams
Herbert Hoover
9
Who opposed President Hoover during the 1932 election?
Herbert Hoover
Thomas Jefferson
Teddy Roosevelt
Franklin D. Roosevelt
10
What do companies sale in the stock market when they need to raise money?
money
stock
services
goods
11
In which year did the stock market crash occur?
1929
1960
1911
1940