Great Depression Notes Day 1

Great Depression Notes Day 1

"What goes up, must come down."

Multiple Choice

What was the name given to the time period from 1929—1940 in which the economy plummeted and unemployment skyrocketed?

• Great Gatsby

• Great Migration

• Great Depression

• Great Googley Moogley!

Multiple Choice

What event triggered the Great Depression?

• Stock Market Crash of 1929

• Assassination of Herbert Hoover

• Great Migration

• World War 2

Open Ended

List one underlying cause of (something that led up to) the Great Depression:

Multiple Choice

What is a stock or a share?

• a small portion of a company that you can own.

• a certificate that says you are the owner of an entire company

• your bill of service from a company

• a tax paid by a company

Open Ended

How did people make money by investing in the stock market?

Open Ended

What is the danger of buying stocks "on margin?"

Open Ended

Why did people slow down on investing in the stock market by the end of the 1920s?

Open Ended

What happened as a result of the dropping prices of stocks?

Multiple Choice

What name is given to Oct. 29, 1929 (the day the stock market crashed)?

• Black Friday

• Black Monday

• Black Tuesday

• Black Thursday

Open Ended

How did President Hoover try to solve the problems with the economy during the Great Depression?

Multiple Choice

What is the purpose of a tariff?

• to protect foreign investors

• to increase foreign trade

• to protect American businesses

• to tax people who travel to other countries

Open Ended

How did the Hawley Smoot Tariff backfire on the US?

Poll

How are you feeling about what you have learned today?

• I am feeling great! I'm 100% confident in what I learned.

• I got the basic idea.

• I am a little lost.

• I was paying attention, but am still lost.

• I was not paying attention and need help with focusing on class.