Module 9 Summative Assessment
Quiz
•
History, Social Studies
•
11th Grade
•
Medium
Jeff Eaglin
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40 questions
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1.
MULTIPLE CHOICE QUESTION
10 mins • 1 pt
What happened to the agricultural industry following WWI?
Prices plummeted and many farmers unable to pay back loans went into foreclosure
Production fell due to unpredictable weather patterns caused by global warming
2.
MULTIPLE CHOICE QUESTION
10 mins • 1 pt
How did many Americans respond to a steady increase in the Dow Jones Industrial Average during the 1920s?
They began engaging speculation and buying on the margin.
They increased savings to pay off their installment loans and mortgages.
3.
MULTIPLE CHOICE QUESTION
10 mins • 1 pt
What happened on October 29, 1929?
The stock market crashed.
World War II started.
4.
MULTIPLE CHOICE QUESTION
10 mins • 1 pt
How did Black Tuesday affect the national economy?
The economy plummeted and unemployment skyrocketed.
The governemnt increased the price of commodities to offset costs.
5.
MULTIPLE CHOICE QUESTION
10 mins • 1 pt
Why was the Federal Reserve unable to supply money to help banks?
The government based money circulation on the Gold Standard.
The Federal Reserve required Presidential approval to print money.
6.
MULTIPLE CHOICE QUESTION
10 mins • 1 pt
How was the goods and services industries impacted by the stock market crash?
In three years, the Gross National Product was nearly cut in half
The stock market crash increased consumer demand.
7.
MULTIPLE CHOICE QUESTION
10 mins • 1 pt
How did the stock market crash affect employment?
In four years, the unemployment rate went from 3% to 25%
In four years, nearly half the population was on welfare.
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