The Great Depression: Causes and Hardship

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

• Overproduction and underconsumption

• High tariffs restricting trade

• buying stocks on the margin

• high income taxes

What was President Herbert Hoover's response to the Great Depression?

• He believed "rugged individualism" would solve the economy

• He created mass welfare

• He increased infrastructure to create jobs

• He violated his policy of laissez-faire

Why did many midwestern farmers migrate from the Great Plains to California?

• There was no unemployment on the West Coast

• California was experiencing a gold rush

• The Dust Bowl pushed farmers out of the Great Plains

• The Stock Market crash led farmers to lose their homes on the Great Plains

How did Americans feel about Hoover's approach to the Great Depression?

• They accepted his "hands-off" approach and policy of "rugged individualism"

• They were glad that Hoover did not increase federal programs and therefore increase taxes

• They expected Hoover and the federal government to help them, and nicknamed shantytowns "Hoovervilles" in anger

• They began promoting radical communism in an attempt to overthrow Hoover's capitalist policies

Which of the following did NOT contribute to the Great Depression crisis?

• The Dust Bowl

• Bank Failures

• Black Tuesday

• National government debt

Which event marked the end of the Roaring 20's and the started of the Great Depression in the 1930s?

• The election of Herbert Hoover

• The Stock Market Crash

• The Dust Bowl

• The Election of Franklin D. Roosevelt

What economic practice became popular in the 1920s and eventually contributed to the crash of the stock market?

• Paying only cash for stock purchases

• Selling stocks in very rapid succession

• Buying stocks with only a down payment

• Sharing insider information on stock trades

The Events listed are most closely associated with which decade?

~ Major drought coditions in Texas, Oklahoma, and Kansas

~ Large numbers of bank failures

~ Widespread unemployment

~ Expanded role of the federal government

• 1910-1919

• 1920-1929

• 1930-1939

• 1940-1949

Which of the following correctly pairs the event with its corresponding date?

• Beginning of American Dust Bowl - 1920

• End of the First Worl War in Europe - 1928

• Crash of the market in the United States - 1931

• Beginning of the Great Depression in the United States - 1929

How did the Great Depression impact employment?

• The number of people employed stayed consistent.

• The number of people employed increased sharply.

• The percentage of people unemployed increased sharply.

• The percentage of people in the military decreased steadily.