Great Depression

Front

During the Stock Market crash of 1929, what happened?

Back

stock prices fell, causing billions of dollars to be lost.

Front

Which of the following accurately describes how foreign policy contributed to the Great Depression? German aggression threatened war, causing massive military buildups and draining treasuries, European factories produced automobiles, challenging American manufacturing dominance., American tariffs slowed global trade by reducing exports, harming worldwide economies., South American sugar producers slowed production, straining worldwide supply chains.

Back

American tariffs slowed global trade by reducing exports, harming worldwide economies.

Front

How did the stock market crash of 1929 contribute to the Great Depression?

Back

The crash left the economy too weak to overcome bigger challenges.

Front

What was the goal of the Bonus Army in 1932?

Back

to lobby for legislation to get bonus pay early

Front

Hoover established the Reconstruction Finance Corporation to

Back

provide loans to businesses.

Front

How did an economic recession help cause the Great Depression?

Back

Americans bought less, causing less demand for goods

Front

What forced banks to close during the Great Depression?

Back

Investors unable to pay loans and bank runs

Front

Why did the stock market collapse in 1929?

Back

Investors inflated prices, and then sold shares very cheap, losing money

Front

Who was president when the stock market crashed?

Back

Herbert Hoover

Front

Who would lose money/their savings if the banks failed in the 1920s/30s? Options: Speculators, Big Business, Everyone, The working class

Back

Everyone