Which of the following statements best describes what happened on Black Tuesday?

Stock prices fell and the stock market crashed.

President Hoover’s public image was severely damaged by his

handling of the dispersal of the Bonus Army.

How did Americans’ behavior in regard to the stock market change in the early and mid-1920s?

even Americans of modest means became investors

President Hoover believed the Great Depression would end by doing all of the following EXCEPT

providing direct aid to the people

In the 1920’s, the depressed situation of United States agriculture was chiefly caused by

mechanization and overproduction

On “Black Tuesday” why were margin buyers hardest hit?

They owed money to brokers who lent them funds to buy stocks

Which combination of factors contributed most to the start of the Great Depression ?

overproduction and the excessive use of credit

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The Great Depression

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Causes and effects of the Great Depression

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Questions 15

Answers

1
Which of the following was the primary cause of the Dust Bowl disaster on the Great Plains?
prolonged drought
black blizzards
crop reduction
dam building
2
Alan lives in a tiny shack, surrounded by others who live in tiny shacks. Alan lives in a
Ghetto
Tenement
Ethnic community
Hooverville
3
How did most unemployed people feel about receiving handouts during the depression?
Optimistic and valued
Ashamed and angry
Hopeful and blessed
Happy and relieved
4
During the Great Depression, widespread unemployment caused all of the following to rise EXCEPT
malnutrition rates
foreclosure rates
eviction rates
birth rates
5
In 1932 the unemployment rate was
50%
25%
10%
15%
6
Which of the following statements best describes what happened on Black Tuesday?
Bank runs forced many banks to close their doors.
Stock prices fell and the stock market crashed.
The Supreme Court ruled New Deal programs unconstitutional
Federal troops attacked the Bonus Army marchers.
7
Most Dust Bowl migrants headed to
Oklahoma
California
Arizona
Arkansas
8
Which of the following was the most serious problem during the Great Depression?
low prices
business consolidation
high unemployment
buying on margin
9
President Hoover’s public image was severely damaged by his
handling of the dispersal of the Bonus Army.
decision to abandon the principle of “rugged individualism.”
agreement of provide federal relief for the unemployed.
construction of “Hoovervilles” for the homeless.
10
How did Americans’ behavior in regard to the stock market change in the early and mid-1920s?
buying land far overshadowed all other forms of investing
even Americans of modest means became investors
investing became only for the richest 5% of Americans
public confidence in government business policies declined
11
Jobless wanderers who hopped trains to look for work were known as
dusters
hoboes
okies
brokers
12
President Hoover believed the Great Depression would end by doing all of the following EXCEPT
relying on the American tradition of rugged individualism
urging business and government leaders to cooperate
providing direct aid to the people
directly assisting businesses and banks
13
In the 1920’s, the depressed situation of United States agriculture was chiefly caused by
mechanization and overproduction
inefficient production techniques
stock-market speculation
over-regulation by government
14
On “Black Tuesday” why were margin buyers hardest hit?
Margins lost money more rapidly than other stocks
They owed money to brokers who lent them funds to buy stocks
They lost the money that they had deposited in banks
Most had used their homes as collateral to buy on margin
15
Which combination of factors contributed most to the start of the Great Depression ?
high taxes and overspending on social welfare program
immigration restrictions and a lack of skilled workers
overproduction and the excessive use of credit
United States war debt and the declining value of the dollar

The Great Depression Flashcards | StudBud