Great Depression Lesson 1

Great Depressions

1929 - 1941

Multiple Choice

Who became president in 1928?

• Herbert Hoover

• Franklin Roosevelt

• Calvin Coolidge

• Warren Hardin

Multiple Choice

Did Herbert Hoover cause the Great Depression?

• Yes

• No

Open Ended

What was the main cause of the Great Depression?

Answer in a complete sentence from what you read yesterday.

hint: excesses - an amount of something that is more than necessary, permitted, or desirable.

Multiple Choice

In supply and demand, when price goes up, demand from buyers goes which way?

• Up

• Down

Open Ended

How much money was lost on Black Thursday?

Open Ended

When did the prices hit the lowest point on the stock market? Give the exact Month, Day, Year

Multiple Choice

What other financial institution in the United States was affected by the the financial crisis?

• Chocolate Factory

• Car Factories

• Banks

• Loan Companies

Open Ended

What happened that made the banks fail?