SS 7-4.3 The Great Depression

What was Franklin D. Roosevelt's plan for rebuilding the economy of the United States in the 1930s?

• The Good Deal
• The New Deal
• The Great Deal
• The First Deal

How did the depression in the United States contribute to the worldwide depression?

• Investors began calling in loans they had made to European nations and discontinued lending to them.
• Merchants exported too many products overseas and did not import anything
• The United States only traded with countries willing to pay tariffs.
• Business owners refused to sell mass-produced goods to European nations.

How did the payment of reparations following WWI impact the German economy?

• The economy became weak and unstable.
• The economy grew stronger and healthier.
• Capitalism developed in Germany.
• More jobs were created in Germany.

What was not a cause of the Stock Market crash of 1929 (Black Tuesday)?

• buying stocks on margin
• overproduction of goods
• buying on credit increased
• entering World War II

Which event is credited with starting the Great Depression in the United States?

• the election of Franklin D. Roosevelt as US President
• the Senate's failure to ratify the Treaty of Versailles
• the stock market crash
• adoption of the New Deal programs

Which country emerged from World War I as the world's leading economic power?

• France
• Germany
• Russia
• the United States

Which of the following was NOT a result of the stock market crash?

• Russia fell under communist rule
• The economies of many nations were ruined
• Global trade practically stopped
• Thousands of banks were forced to close.

How were people in the 1920s able to purchase so many high priced items they truly couldn't afford?

• buying on margin
• buying on the installment plan
• buying on the stock market
• buying them on sale

Which of the following was NOT a cause of the economic depression in Europe?

• Germany printing money causing hyperinflation
• high unemployment
• the United States loaning money to European nations
• high cost of rebuilding after the war

October 29, 1929, was known as which of the following?

• Black Monday
• Black Tuesday
• Black Wednesday
• Black Thursday