Great Depression Review

What are 3 factors that contributed to the Great Depression? CHOOSE 3

• Stock Market Crash

• Prohibition

• The Dust Bowl

• Bank Failures

How did the stock market contribute to the Great Depression?

• People lost their money and went into debt

• People made money because stocks were cheap

• People got jobs as journalists

What does "buying on a margin" mean?

• When you buy stocks at a high price

• Buy now, pay later

• When you make more money that you spend

How did bank failures contribute to the Great Depression?

• They donated too much money to minority groups

• They caused inflation (the increase of prices)

• They loaned more money than they had

How did deflation impact individuals?

• Individual income went up

• Individual income went down

• Individual income stayed the same

How did deflation impact businesses?

• Businesses made less money

• Businesses made more money

• Businesses had more customers

How did deflation impact banks?

• Banks had more money in reserve

• Banks were not affected by deflation

• Banks had less money in reserve

Which of the following is a cause of the Dust Bowl?

• Overproduction of wheat

• Flooding

• Farmers let their fields rest instead of using all the land

Which of the following is a cause of the Dust Bowl?

• Flooding

• Drought

• Too many factories being built in the region

Which of the following is a cause of the Dust Bowl?

• Farmers planted too much native grasses

• Flooding

• Farming techniques dried up the land