Causes of the Great Depression

This is the process of taking money borrowed from the bank or a broker, and putting it into the stock market

• Buying on Margin 
• Speculation 
• Buying on Credit 
• Overconsumption 

This is the idea that the rich become richer, while the poor become poorer

• Black Tuesday 
• Speculation 
• Unequal distribution of wealth
• Buying on Credit 

A sudden dramatic decline of stock prices, resulting in a significant loss of wealth.

• Bull Market 
• Speculation 
• Bank Run 
• Stock Market Crash 

This cause led many businesses to close, because they were producing more goods than consumers were willing to buy.

• Overproduction 
• Overconsumption 

• Buying on Credit 
• Stock Speculation 

Who was most directly affected by the Dust Bowl?

• farmers

• investors

• industrial workers

• WWI Veterans

What area of the US was primarily affected by the Dust Bowl?

• Northeast

• Southeast

• Great Plains

• West Coast

What happened to many people who saved money in banks?

• They grew rich.
• They made counterfeit money.
• They saved a lot of money.
• They lost everything.

What happens when tariffs are added to imported products?

• The price of the imported product is determined by demand.
• The price of the imported product remains the same.
• The price of the imported product goes down.
• The price of the imported products goes up.

An effect of the Great Depression was...

• Everyone bought more stocks.

• Large numbers of people were hungry and homeless.

• Farmers became rich.

• Many people moved to the South during the Great Migration.

What happens to the value of your crops when you continue to overproduce them?

• The value increases.
• The value stays the same.
• The value decreases.
• Farmers become rich.