Great Depression Quiz #1

Why has Hoover been blamed for worsening the impact of the Great Depression?

• He enjoyed seeing people suffer.

• He introduced relief programs and public works projects immediatly after the Crash of the Stock Market.

• Laissez Faire policies prevented the Government from taking any steps to help citizens.

• He created plans to keep banks open.

Which factor contributed the trend shown on this graph?

• low confidence in the stock market

• low demand for stocks

• strict reulation of the stock market

• buying of stocks on margin

The Bonus Army was made up of veterans from what war?

• Spanish American War

• World War 1

• World War 2

• The Civil War

Which of the following is NOT a cause of the Great Depression?

• Laws that limited installment buying

• overspending

• overproduction

• crash of the Stock Market

In this political cartoon,what is the historical context?

• Wilson's 14 Points.

• The Great Depression and the New Deal.

• The 21st Amendment.

• The construction of the Hoover Dam

On October 29, 1929 share prices on the New York Stock Exchange completely collapsed and partially caused the Great Depression. This day became known as

• Black Thursday

• Black Tuesday

• Black Friday

• Black Sunday

Which statement best describes the multipler effect?

• One persons spending is another persons savings.

• One persons income is another persons spending.

• One persons spending is another persons stock.

• One persons spending is another persons income.

How many banks were forced to close during the Depression?

• 900

• 3000

• 9000

• 25000

What did FDR say in his frist inaugural address?

• The only thing we have to fear is high unemployment.

• The only thing we have to fear is fear itself

• The only thing we have to fear is a scary monster.

• The only thing we have to fear is bank failures.

What was the highest the unemployment rate reached during the Great Depression?

• 30%

• 25%

• 20%

• 35%