#05 Great Depression STAAR Review 17-22

Front

What was one factor that helped turn the Great Plains into the Dust Bowl in the 1930s?

Back

intense drought in the region

Answer explanation

The intense drought in the region was a major factor that turned the Great Plains into the Dust Bowl in the 1930s.

Front

Which action by the federal government was one of the cause of the Great Depression? Options: failing to decrease the reserve requirement, refusing to regulate the stock market, abolishing the use of the gold standard, eliminating tariffs on foreign trade

Back

refusing to regulate the stock market

Answer explanation

The federal government's refusal to regulate the stock market was one of the causes of the Great Depression.

Front

Which correctly replaces the question mark on this list: decrease in interest rates, failure of banks, Outsourcing of manufacturing jobs, outbreak of a global war?

Back

failure of banks

Answer explanation

The correct choice is 'failure of banks' because it is the only option that is not related to economic factors or global conflicts.

Front

Which statement best describes how investment in the stock market during the mid to late 1920s contributed to the Great Depression? Options: people weren't able to repay the loans used to purchase stocks, Government taxes on stock transactions made it difficult to repay investors, financial institutions were not required to report earnings to stop investors, foreign countries were not required to immediately pay stockholder earnings

Back

people weren't able to repay the loans used to purchase stocks

Answer explanation

Investors during the 1920s couldn't repay stock purchase loans, leading to the Great Depression.

Front

Which statement best explains how bank failures contributed to the Great Depression?

Back

People lost their savings because the government did not insure bank deposits.

Answer explanation

Bank failures during the Great Depression led to people losing their savings due to the lack of government deposit insurance.

Front

How did the Great Depression affect American society?

Back

Businesses were forced to close causing widespread unemployment.

Answer explanation

The Great Depression caused businesses to close, leading to widespread unemployment.

Front

Which phrase correctly replaces the question mark in this diagram? Options: increase in minimum wage, growth of immigration, increase in unemployment, growth and consumer spending

Back

increase in unemployment

Answer explanation

The correct phrase that replaces the question mark in the diagram is 'increase in unemployment'. This choice accurately reflects the negative correlation between the increase in unemployment and the decrease in consumer spending.

Front

Which action completes the cause and effect diagram? Options: banks lower interest rates, elected leaders lower tariffs, companies lay off employees, they bring unions demand higher wages

Back

companies lay off employees

Answer explanation

The correct action that completes the cause and effect diagram is when companies lay off employees. This choice directly addresses the cause and effect relationship in the diagram.

Front

How did this response to the Great Depression differ from the ideas of Franklin D Roosevelt?

Back

Hoover wanted to limit the role of the Federal Government in managing the crisis.

Answer explanation

Hoover's response to the Great Depression differed from Roosevelt's. Hoover wanted to limit the role of the Federal Government in managing the crisis, while Roosevelt wanted date governments to regulate Private Business activity.

Front

What is the purpose of the Securities and Exchange Commission?

Back

to maintain Fair markets and increase investor confidence in financial institutions

Answer explanation

The purpose of the Securities and Exchange Commission is to maintain fair markets and increase investor confidence in financial institutions.