The Great Depression Begins

Multiple Select

How did the weakening economy affect workers and farmers? Select all that apply (2)

• Their debt increased

• They worked in sick industries

• They were paid more to meet the costs of living

• They couldn't take out more loans because they paid their previous loans off

Multiple Choice

Why did the price of stocks fall when panicked sellers sold their stock on Black Tuesday?

• because sellers had to pay back their margin loans

• because the stocks were more valuable than their prices

• because so many stocks were offered for sale

• because there were more buyers than sellers

Multiple Choice

Why were banks unable to return money to depositors when depositors created a run on the bank?

• The banks kept insufficient records of each customer's deposits

• The banks lost their deposits on the stock market

• The banks kept the cash at a larger bank rather than at a local bank

• The banks did not have enough workers to serve all the customers at once

Drag and Drop

Speculation and ​

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were two economic activities that led to the stock market crash in 1929 because investors used borrowed money to make risky investments hoping to get rich quick. The ​

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worsened the effects of the ​

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since it resulted in a reduction in ​

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trade. The run on the banks also heightened the effects of the depression as ​

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did not have the cash on hand to distribute to their depositers.

Drag these tiles and drop them in the correct blank above

buying on a margin

Smoot-Harley Tariff

Great Depression

international

banks