Great Depression and factors that hurt GA's economy

Front

The Great Depression was caused by a chain of events that happened when?

Back

After WW1

Front

In G. Britain, workers did not make enough money to:

Back

Buy food and pay bills

Front

Because Germany lost WW1, it had to what?

Back

Pay back enormous war debts for causing the war.

Front

The USA came out of WW1 in great economic shape! Agree

Back

Agree

Front

What things caused GA and the USA to prosper financially after WW1? Options: The jobs created by many military installations. The profit created from the cotton textile industries. Both are correct. Neither are correct.

Back

Both are correct.

Front

What was the time period called after WW1 that showed how financially well off the USA was?

Back

The Roaring twenties

Front

Even though the US was an economic powerhouse after WW1, what actions caused the US to also face financial hardship? Consumers plunged into debt. Citizens began to buy goods using credit. People began to play the stock market.

Back

All of these are true

Front

What does the word "unemployment" mean?

Back

Number of citizens without jobs or employment.

Front

People who lose their job have a hard time: Paying their bills, Enter into financial hardship, Enter into financial strife, All of these are true

Back

All of these are true

Front

According to our text, what happen to cotton prices shortly after WW1 ended?

Back

Because the need for cotton decreased tremendously, cotton prices dropped significantly.