Great Depression (US.6) Review

What was this event of the 1930s called?

• The Great Drought

• The Panic of 1833

• The Dust Bowl

• The Great Migration

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 long 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

What were the villages full of shacks located in cities filled with unemployed Americans called?

• Hoovervilles
• Okies
• Bonus Army Bases
• Rooseveltowns

Which economic factor contributed most directly to the start of the Great Depression?

• low worker productivity
• high income taxes
• decreasing tariff rates
• buying stocks on margin

Pick the best answer.  Over-production of what led to the Great Depression?

• farm goods
• consumer goods
• farm and consumer goods
• iPhones

What tool - passed during the Hoover Administration -  designed to protect American manufacturers actually ended up creating a worldwide depression?

• Reconstruction Finance Committee
• Hawley-Smoot Tariff
• New Deal
• Second New Deal

Which of the following statements is FALSE?

• Investors panicked and sold their stocks because of the financial crisis.

• The Stock Market Crash caused money losses and the Great Depression.

• Stock prices dropped during the Stock Market Crash in 1929.

• The Stock Market Crash caused financial investors to keep their stocks.

• All of these are false.

Which of the following statements about the United States unemployment rate from 1929-1942 is FALSE?

• The Stock Market Crash of 1929 caused severe unemployment and an economic crisis.

• The Stock Market Crash of 1929 caused investors to sell their stocks because prices dropped.

• More jobs were available during World War 2 from 1939 to 1945 because of wartime needs.

• Franklin D. Roosevelt improved unemployment with the New Deal Program from 1933-1937.

• All of these are true.