AP World History Great Depression

II. Capitalism Unraveling: The

Great Depression

A. Capitalism’s mixed track record
B. Sudden unraveling of the economic system,

1929

C. A crisis of overproduction, international

loans, and stock speculation

Multiple Choice

The Great Depression represented the most influential postwar change

• True

• False

Multiple Choice

All of the following are true regarding the worries about industrial capitalism EXCEPT

• it had generated individualist materialism

• it had created enormous social inequalities

• its instability caused great anxiety

• it closed social inequalities

Multiple Choice

All of the following are true about the Great Depression EXCEPT

• Unemployment decreased

• World trade dropped by 62%

• Many lost their life's savings

• shrinking stock prices wiped out paper fortunes

Multiple Choice

The Great Depression hit in

• 1922

• 1927

• 1929

• 1932

Multiple Choice

All of the following were CAUSES of the Great Depression EXCEPT

• American factories were overproducing more goods than could be sold

• American farmers were overproducing more food than could be sold

• speculation drove stock prices up artifically high

• Europe was buying good from America

Multiple Choice

Tensions in Latin America frequently resulted in the following EXCEPT

• military takeovers

• establishment of democracies

• authoritarian and populist politics

• interventionist governments

II. Capitalism Unraveling: The

Great Depression

D. Impact on global suppliers of raw materials

and food

E. Import substitution industrialization in Latin

America

F. Responses of the industrialized capitalist

states

G. Stalin’s USSR

Multiple Choice

Stalin's economic and industrialization programs were known as

• The Great Leap Forward

• The 5 Year Plan

• The Grand and Bestest Plan

• The Flowering Lotus Plan

Multiple Choice

Capitalist governments had thought that the economy would regulate itself

• True

• False

Multiple Choice

Some states turned to “democratic socialism”

• True

• False

Multiple Choice

All the following are true regarding the New Deal (1933–1942) in the United States EXCEPT

• influenced by the British economist John Maynard Keynes

• Implemented by Harry Truman

• didn’t work very well

• changed the relationship between the government and individual

Multiple Choice

These two nations dealth with the Great Depression the best

• Germany and Italy

• Japan and China

• Germany and Japan

• Russia and China