Causes and Effects of the Great Depression

What is bought and sold on the stock market?

• shares of companies

• services of experts

• consumer products

• financial courses

What is an example of speculation in relation to the stock market?

• thinking about the best time to make an investment

• betting that the market will continue to climb

• wondering what the best stocks are to invest in

• acting as a representative to buyers and sellers

The stock market crashed in the year _______________.

• 1909

• 1919

• 1929

• 1939

What happened when the stock market crashed in the early years of the twentieth century?

Select ALL that apply

• People made fortunes buying stocks.

• Stock prices took a steep dive.

• Banks lost money and closed.

• Americans could not get loans.

• Investment speculation increased.

Whom did the stock market crash affect?

• mainly stockbrokers

• only the wealthy

• most Americans

• those without jobs

What best characterized the period known as the Great Depression?

• Americans suffered times of economic hardship.

• Many citizens were stripped of political rights.

• The nation mourned those lost in World War I.

• The United States experienced political corruption.

What were likely causes of the Great Depression?

Select ALL that apply

• Companies borrowed enormous amounts of money.

• Many Americans could not afford to buy goods.

• Foreign buyers increased demand for American products.

• Too many products were available for sale.

What was the goal of installment plans of the 1920s?

• to let people buy parts of products one at a time

• to allow buyers to receive discounts on products

• to ensure prompt delivery of products to homes

• to enable consumers to pay for products over time

Why did some Americans become hoboes during the Great Depression?

• to look for new job opportunities

• to see other parts of the country

• to protest against their situation

• to avoid being imprisoned

What was the result of Mexican Repatriation during the early 1900s?

• Mexicans in the United States received citizenship.

• Mexicans in America were forced to return to Mexico.

• Mexico reclaimed some of the lands it had lost to the United States.

• Mexican Americans regained funds lost in the stock market crash.