Week 6 Competition EOC Review

Which of the following was NOT an effect of the Great Depression?

• homelessness
• bank failures
• high tariffs
• struggling farmers

What marked the start of the Great Depression in the United States?

• 1925
• 1929
• 1932
• 1940

Who was president at the time of the Stock Market Crash of 1929?

• Abraham Lincoln
• Franklin D. Roosevelt
• Theodore Roosevelt
• Herbert Hoover

Over-production of what led to the Great Depression?

• farm goods
• consumer goods
• farm and consumer goods
• iPhones

How did the american depression affect Europeans?

• they bought less american products
• they used more european products

The term for when those who invest in the stock market take great risk, buying stocks and bonds in hopes of earning a quick profit:

• Brokers
• Speculation 
• Bear Market 
• Buying on Margin 

Which of the following was a serious problem during the Great Depression?

• low prices
• buying on margin
• high unemployment 
• business consolidation 

Buying on margin means you are buying _____ with borrowed money. 

• Cars
• Homes
• Stocks
• Food

What were the villages full of shacks located in cities filled with unemployed Americans called?

• Hoovervilles
• Okies
• Bonus Army Bases
• Rooseveltowns

Which President thought the government should not get involved in economic affairs? 

• Hoover
• Roosevelt