History Kids: The Great Depression

The 1920s in the United States is known by what nickname?

• The Age of Electricity

• The Roaring Twenties

• The Factory Era

• The Dawn of Consumers

Which of the following is true about U.S. citizens of the 1920s?

• More people were living in cities.

• More people began operating farms.

• People were suspicious of new technology.

• None of the above

Which of the following was a new product in the 1920s?

• Automobiles

• Electric washing machines

• Ready-to-wear clothing

• All of the above

A share in the ownership of a company is called what?

• An annual report

• Profit

• Stock

• A balance

During what month in 1929 did the stock market reach its peak?

• May

• June

• June

• August

Tuesday, October 29, 1929 is also known by what nickname?

• Black Tuesday

• Crash Tuesday

• Panic Day

The rush of people to withdraw money from banks in 1929 was known as what?

• Bad loans

• Bank runs

• Profit drain

By 1932, how many Americans were out of work?

• 10%

• 25%

• 80%

Which U.S. President was elected in 1932 pledging a "new deal for the American people"

• Herbert Hoover

• James Garfield

• Franklin Delano Roosevelt

What did FDR do to quickly stablize the U.S. banking industry?

• Set daily limits on bank withdrawals

• Establish a banking commision

• Declared a 4-day bank holiday