Causes of the Great Depression

Causes of the Great Depression

Multiple Choice

 Define The Great Depression

• Loan given to help you buy items you normally cannot buy on your own.
• homeless person who travels looking for work.
• The time in American history when the U.S. was at it's lowest point.

Multiple Choice

Which of the following would MOST contribute to people living beyond their means?

• Credit
• Rich People
• Goverment
• The Stock Market

Multiple Choice

This cause led many businesses to close, because they were producing more goods than consumers were willing to buy.

• Overproduction 
• Underconsumption 
• Buying on Credit 
• Stock Speculation 

Multiple Choice

When the purchase of goods and services is at a lower level then the supply (not enough goods are being purchased by consumers)

• Underconsumption
• Overproduction 
• Speculation 
• Buying on Margin 

Multiple Choice

Income inequality is _______________________

• When most people have equal amounts of money

• When you bring in lots of income

• When you bring in a little amount of income

• When much of the wealth is owned by the richest few

Multiple Choice

Defaulted means_________________________.

• To fail to make loan payments

• That you are making payments on time

• That it is your fault

• When you give someone else a turn

Multiple Choice

Because of ______________American people could not repay the bank for their loans and credit.

• National Debt
• Community Debt
• Personal Debt
• Major Debt

Multiple Choice

Based on our research, which two events cause a severe drop in the price of wheat in the 1930s

• A solar eclipse and the election of FDR

• The Block Sox scandal and Wembley stadium opened

• Farmers started using the One way Plow and demand for wheat went up

• Farmers overproduced wheat and demand for wheat dropped

Multiple Choice

These shantytowns popped up in cities during the early part of the Depression

• Hoovervilles

• Rooseveltiums

• Wilsontowns

• Rye

Multiple Choice

This is making a very risky investment in the stock market, in hopes of earning a large profit

• Speculation 
• Buying on Margin 
• Bank Run 
• Bull Stock 

Multiple Choice

When a large number of customers line up to withdraw cash from deposit accounts from a financial institution

• Speculation 
• Black Friday 
• Bank Run 
• Underconsumption 

Multiple Choice

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

• Stock prices fell and the stock market crashed.

• Bank runs forced many banks to close their doors.

• Federal troops attacked the Bonus Army marchers.

• The Supreme Court ruled that the NRA was unconstitutional.

Multiple Choice

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

• Stock prices fell and the stock market crashed.

• Bank runs forced many banks to close their doors.

• Federal troops attacked the Bonus Army marchers.

• The Supreme Court ruled that the NRA was unconstitutional.