25-1

Unemployment is the number of people without.....

• money

• children

• jobs

• food

Which of the following was NOT a cause of the Great Depression?

• an increase in productivity without an increase in wages
• laissez faire politics used by the governmen
• strong automobile sales
• overproduction of farm products

What effect did the Great Depression have on the American economy?

• It led to high unemployment and underproduction.

• It brougth about large business investments and low taxes.

• It created too much money in cirulation and high stock prices.

• It increased employment and real estate vaules

Which of the following statements best describes what happened on Black Tuesday?

• Stock prices fell and the stock market crashed.

• Bank runs forced many banks to close their doors.

• Federal troops attacked the Bonus Army marchers.

• The Supreme Court ruled that the NRA was unconstitutional.

A way of borrowing money from a bank or finance company so that you can have what you want and pay for it later

• Speculation 
• Buying on Credit 
• Buying on Margin 
• Overproduction 

This president thought the federal government should not get involved in the economy. As a result, many Americans blamed him for the Great Depression. This caused him to lose the election in 1932.

• Franklin Delano Roosevelt
• Theodore Rooselvelt
• Herbert Hoover
• Calvin Coolidge

During the Great Depression, many people did lose their homes because they couldn't pay for them. They either had to live with family members or in makeshift "houses" made out of cardboard or whatever they could find. These were called "___________________" or ________________.

• shanty towns

• neighborhoods

• Hoover Wagons

• Hoovervilles

Which of these factors contributed to the Great Depression?

• Overproduction of Goods

• Increased usage of credit

• Poor climate for farming

• Increased overseas competition

• Stock prices rising above company value

Homeless towns created by thousands of men who were unemployed

• Oakivilles

• Hoovervilles

• Hobos

• Hooverites

Reason why WWI veterans marched on Washington DC

• Bank failures across the country

• They wanted their WWI Bonuses early

• Complaints over Dust Bowl

• Loss of money on Stock Market