Great Depression Quiz Review

President during the 1930s who was considered a failure because he couldn't fix the Great Depression.

• Franklin D. Roosevelt
• Herbert Hoover
• Margaret Mitchell
• Jessie Owens

Which of the following was NOT a problem facing the United States from 1929-1939.

• Many banks were closing because they ran out of money.
• The economy struggled because of all the money that had been  spent fighting in Europe.
• A drought hit the U.S. for several years causing many farmers' crops to fail.
• The stock market crashed causing people to lose millions and businesses to struggle.

During the Great Depression people were worried because the economy was doing poorly.  How did this fear affect their consumption of goods?

• People consumed more things because they thought they wouldn't be able to buy them later.
• People consumed fewer things because they wanted to save as much money as they could.
• People consumed more things because they wanted businesses to do better.
• People consumed fewer things because the government was rationing consumption.

Explain the Stock Market Crash.

• People purchased stocks with credit, got scared and sold their stocks. There was no money to pay people their money
• People purchased stock
• People threw their money away

Define Black Tuesday

• Group of government programs created to try and end the Great Depression.
• October 29, 1929 when the stock market crashed. It was the official start of the Great Depression
• Minimal improvement in economy. FDR urged congress to pass additional programs.

What caused millions to lose their family wealth during The Depression?

• Bank closures
• Foreclosures on their farms and homes
• Stockmarket
• All of the above

Ownership in shares of a company or corporation

• CEO
• Insurance
• Stocks

The Great Depression only took place in the cities.

• True
• False

The Dust Bowl happened during the Great Depression?

• True 
• False

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.