Great Depression

What were the 3 causes of the Great Depression?

• FDR, The New Deal, The Second New Deal
• Herbert Hoover, Hobos, Riding the Rails
• Credit, Stock Market Crash, Corruption

Explain the Stock Market Crash.

• People purchased stocks with credit, got scared and sold their stocks. There was no money to pay people their money
• People purchased stock
• People threw their money away

 Define The Great Depression

• Loan given to help you buy items you normally cannot buy on your own.
• homeless person who travels looking for work.
• The time in American history when the U.S. was at it's lowest point.

Define Black Tuesday

• Group of government programs created to try and end the Great Depression.
• October 29, 1929 when the stock market crashed. It was the official start of the Great Depression
• Minimal improvement in economy. FDR urged congress to pass additional programs.

Which of the following would MOST contribute to people living beyond their means?

• Credit
• Rich People
• Goverment
• The Stock Market

What caused millions to lose their family wealth during The Depression?

• Bank closures
• Foreclosures on their farms and homes
• Stockmarket
• All of the above

Ownership in shares of a company or corporation

• CEO
• Insurance
• Stocks

Songs such as "Brother, Can you spare a dime" which tell an important story are called 

• Sad and depressing
• Oral History
• Boring
• Old fashion

Which of the following European country faced the greatest economic challenges after WW I? 

• Austria
• Great Britian
• France
• Germany

Although Europe had severe economic problems the United States was experiencing which of the following directly after WW I?

• Inflation
• High Unemployment
• Economic success
• A depression