The Great Depression

Multiple Choice

During the Roaring Twenties, the US had just got out of __________, and business was booming.

• World War I

• World War II

• the Great Recession

• the Great Depression

Multiple Choice

When did the stock market collapse?

• 1918

• 1928

• 1929

• 1926

Multiple Choice

What effect did the Smoot - Hawley Tariff bring during The Great Depression?

• Prevented surplus goods from being sold to other countries

• Opened opportunities for farmers to effectively help banks with the shortage of money

• Companies were able to sell their goods overseas but couldn't get enough profit

• Foreign countries were able to help America with their economy

Multiple Choice

In the 1920s, many Americans invested money in the ______ market.

• black

• credit

• share

• stock

Multiple Choice

What was the Great Depression?

• A period of economic success and an improving economy

• The worst economic catastrophe in world history

• A period of time that witnessed increased, violent foreign wars

• A series of hotly contested elections

Multiple Choice

What was the effect of using credit in The Great Depression?

• Rise in stock markets

• Income Taxes

• Debt

• Decrease of money in banks

Fill in the Blank

What is the name of the period (1929-1939) caused by the Wall Street Crash

Fill in the Blank

In October 1929, _____ _______ was when the stock market crashed and investors lost a total of $30 billion dollars.

Multiple Choice

The value of a share in a company hardly ever changes.

• True

• False

Multiple Choice

What was the percentage of people that was doing majority of the spending?

• 60%

• 30%

• 93%

• 10%

Open Ended

How could governments support farmers suffering from economic hardship?

Multiple Choice

What took place the 29th of October, 1929

• Black Tuesday
• Black Thursday
• Stock Market collapse
• StockMarket growth

Multiple Choice

Over Production and Under - Consumption means too much inventory or not enough buyers.

• True

• False

Multiple Choice

What happened in the summer of 1929?

• Production of goods increased, and employment rose.

• Production of goods decreased, and employment dropped.

• Americans sold millions of shares, and the stock market crashed.

• Americans paid back the money that they had borrowed to buy stocks.

Multiple Choice

Which of the following was not a cause of the Great Depression?

• Excessive American loans to European countries

• Installment buying

• Uneven distribution of wealth

• Purchasing of stocks "on margin"

Multiple Choice

Were the loans* easier to get than nowadays? *Préstamos

• TRUE

• FALSE

Multiple Choice

What forced banks to close during the Great Depression?

• Huge amounts of inflation

• War in Europe

• Investors unable to pay loans and bank runs

• Not enough people invested in the Stock Market

Multiple Choice

Why would 'buying on the margin' be an unsafe investment practice?

• Returns were only guaranteed if stock prices rise.

• It always involves stocks which are high-risk.

• It requires a large initial investment.

• It involves taking on a low level of risk.

Multiple Choice

What happened on Black Tuesday in October 1929?

• Companies sold millions of shares, and the stock market crashed.

• Americans sold millions of shares, and the stock market crashed.

• Factories shut down and cut millions of positions.

• Americans paid back the money that they had borrowed to buy stocks.

Multiple Choice

What was the percentage of people that was considered "Poor"?

• 82%

• 70%

• 55%

• 30%

Fill in the Blank

A growing demand for stock prices above profits or gains creates…

Multiple Choice

The ____________ caused food shortages in the southwestern Great Plains.

• The Dust Bpwl

• Hungerville

• Drought Bowl

• D

  Depression Drought

Multiple Choice

How many banks closed due to the 1929's Crash (approx.)?

• 120

• 3000

• 6000

• 9000

Multiple Choice

What is another term for shantytowns?

• Rooseveltvilles

• depression houses

• Rooseveltvilles

• Hoovervilles

Multiple Select

Why was everything so CHEAP after the crisis?

• They didn't like the products

• The people preferred expensive things as the cheaper ones showed poverty

• There were too many things to sell and no money to buy

Multiple Choice

At the beginning of the Great Depression, which president did many Americans blame for their problems?

• President Franklin D. Roosevelt

• President Theodore Roosevelt

• President Herbert Hoover

• President Woodrow Wilson

Open Ended

How can high unemployment negatively impact:

a. people who are employed?

b. worker's unions?

Multiple Choice

They consumed many resources, but when the war ended they stopped buying

• People wounded*

  *herido/a

• Soldiers / Army

Multiple Choice

Which of the following are programs that were part of the New Deal?

• the Tennessee Valley Authority and the Pension Act

• the Works Progress Administration and the Tennessee Veterans' Authority

• the Works Progress Administration and the Social Security Act

• the Social Security Act and the Employment Administration

Dropdown

Tariffs are a tax on imported goods.

Tariffs generally ​

Select answer

trade between countries.

Multiple Choice

Before the crisis, ___ of the Americans were poor

• 25%

• 60%

• 85%

Multiple Choice

The Social Security Act of 1935 guaranteed

• citizenship for working immigrants who moved to America.

• access to education for children from impoverished families.

• employment for workers who would construct public buildings.

• pensions for the retired elderly and unemployment money for the jobless

Multiple Choice

Which of these were the economic problems

• Unequal distribution of wealth

• Overproduction and underconsumption

• Agricultural overproduction

• Consumer debt

• all are correct

Poll

How confident do you feel in your ability to explain the causes of the Great Depression?

• Very confident

• Somewhat confident

• Not confident

Multiple Choice

The farmers made up 25-30% of the US workforce

• VERDADERO

• FALSO

Open Ended

What is the most interesting or surprising thing you learned about the Great Depression?

Multiple Choice

Which one is a boho?

• A homeless looking for a job

• An investor looking for money

Multiple Choice

How might people outside of the Plains be impacted by the Dust Bowl?

• They will have to compete against migrants for job opportunities.

• They will experience a decrease in food prices.

• They will be exposed to dust and dirt in the air.

• They will have to pay higher taxes.

Open Ended

How would you expect governments to respond to the Great Depression?

Multiple Select

Which countries adopted Deficit Spending?

• Great Britain

• France

• United States

Multiple Choice

What caused many farmers to foreclose on their farms in the 1930s?

• Growing too few crops

• Overproduction of crops

• Expensive land and not enough workers

• The Wall Street Crash

Multiple Choice

Why did the stock market collapse in 1929?

• Only wealthy people invested in the stock market

• Investors inflated prices, and then sold shares very cheap, losing money

• Investors refused to invest in the stock market

• Investors bought shares cheap, and then sold stocks at a high price