Great Depression LT 1-21

When did the Great Depression take place?

• 1940's

• 1920's-1930s

• 1910's-1920's

• 1950's

What are the three reasons there are economic problems in Europe after World War I?

• Countries needed to rebuild the buildings, infrastructure, and homes that were destroyed during the war.

• Countries needed to deal with a large amount of soldiers coming back home.

• Countries no longer needed to buy things from other countries. All of the countries around the world went into Isolationism.

• No longer needed weapons and other supplies for the war, so they didn't need as many factory workers as they had during the war

Why did Germany have a harder time than the rest of Europe rebuilding after World War I?

• Germany had to pay back a lot of reparations (money).

• Germany refused to pay back the money.

• Germany had to pay back a lot of reparations (money) and did not have the money.

• Germany wanted to keep fighting.

What is Hyperinflation?

• Printing money that has no economic support.

• Printing money that has too much economic support.

• Money that is backed up by gold.

• Money that has no value.

How was the United States different from Europe after World War I?

• The United States made a lot of money selling weapons to countries during World War One.

• The United States saved all of its money during the war.

• The United States did not participate in WWI, which allowed it to save money.

• The United States never experienced a Great Depression.

This is a unit of ownership in a company?

• Stock

• Bond

• Run on banks

• Calling the Loan

This is when you are buying stocks with money that you are borrowing from a bank?

• Stock on loan

• Stock on credit

• Stock on payment

• Stock on margin

When did the Stock Market Crash?

• October 29,1929

• December 1, 1929

• October 28,1929

• October 27,1929

What is another name for the Stock Market Crash?

• Black Wednesday

• Terrific Tuesday

• Black Friday

• Black Tuesday

Why did the Stock Market Crash take place?

• European countries did not need American factories to make products.

• Companies called the loan.

• There was a run on the banks

• People saved too much money.