The Great Depression - IB HoTa

Which best explains the reason behind the Crash of '29

• Consumers were working too hard in the factories

• Americans lost their savings and could not pay their bills

• Factories closed when demand for products decreased

• Europeans started to import more American wheat

Consumers who borrowed money to buy more stocks were buying on

• a whim

• guarantees

• their feet

• margin

These shantytowns popped up in cities during the early part of the Depression

• Hoovervilles

• Rooseveltiums

• Wilsontowns

• Rye

Based on our research, which two events cause a severe drop in the price of wheat in the 1930s

• A solar eclipse and the election of FDR

• The Block Sox scandal and Wembley stadium opened

• Farmers started using the One way Plow and demand for wheat went up

• Farmers overproduced wheat and demand for wheat dropped

The New Deal promised

• Rest and relaxation

• Relief, reform, and recovery

• A chicken in every pot

• peace, justice, and the American way.

Which was NOT a LONG-TERM cause of the Great Depression?

• Buying stock on margin

• Stock market crash (Black Tuesday)

• too much production and consumer spending

• Laisezz-faire economic policies

What effect did the Dust Bowl storms have on the Great Depression?

• Many farmers were forced to leave the Great Plains.

• Unemployment decreased gradually.

• Many homes along the Mississippi River were flooded.

• Hoover was re-elected as president.

Who was president at the time of the Stock Market Crash of 1929?

• Abraham Lincoln

• Franklin D. Roosevelt

• Theodore Roosevelt

• Herbert Hoover

After the Stock Market Crash, many people lost their life savings because _______________.

• banks closed

• banks gave away their money

• they couldn't remember where they put it

• someone stole it

Which of the following was NOT an effect of the Great Depression?

• homelessness

• bank failures

• high tariffs

• struggling farmers