Great Depression

What was the Great Depression?

• the feelings of sadness felt by many Americans in the 1970's
• the most severe period of economic hardship in the 20th century
• a weather pattern that caused the worst hurricane season of the 20th century
• the discovery in the 1934 of a huge cave in Arizona

When did the Great Depression Begin?

• 1829
• 1889
• 1929
• 1999

Who was the president of the United States at the start of the Great Depression?

• Herbert Hoover
• Donald Trump
• Harry Truman
• Franklin D. Roosevelt

Which is true about the economy for most of the 1920's?

• Many people had more money to spend than they did before
• most banks had to close
• people were losing their jobs
• it was hard to find work

What was true about the economy for most of the 1920's?

• Most banks had to close
• people were so poor, they couldn't afford to eat
• It was hard to find a job
• More people began to invest in the stock market

Carson wanted to buy a car for $20,000. But he could not afford it, so he got it on credit. Why is this a risk?

• The car might break down
• He could lose his job
• He job is in the city
• The monthly payments might change

A place where investors come together to buy and sell shares in a company. What is this called?

• stock
• Great Depression
• Stock Market
• investors

Why would a person want to buy stock in a company?

• to make money
• so they could show all their neighbors
• to get discounts on goods and services
• to keep their money safe

Stock values usually change over time. Why might the value of a stock go up?

• if the government orders it to go up 
• if people don't want to buy it
• If people are willing to pay more money for it

When a company sells its stock to an investor, how might the company use the money?

• to buy more goods to sell
• to sell more stock