
Causes & Effects of the Bust Cycle
Authored by Jennifer Wilson
Social Studies
11th Grade
Used 24+ times

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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
How were many Americans able to afford the new consumer products in the 1920s?
people used credit to buy now and pay later
employees implemented benefits to help purchase new products
families took children out of school in order to work for new products
laborers were able to steal products from their employers
2.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
What effect of the Dust Bowl is seen by the Okies and Arkies on the map?
they were forced to remain in their homes
they were forced to migrate east
They were forced to work on their farms
they were forced to migrate west
3.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
How did increased consumerism combined with laissez-faire economic policies contribute to the Great Depression in 1929?
Government regulations forced businesses to raise prices, which caused consumers to stop spending money.
Labor unions demanded higher wages, which forced factories to close and eliminated all consumer demand.
The Federal Reserve printed too much money, which caused inflation and made all consumer goods worthless.
Consumers bought goods on credit without saving, while the government failed to regulate banking and stock speculation which led to unsustainable debt.
4.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
What did widespread stock speculation and buying stocks on margin lead to in the late 1920s?
the Dust Bowl
the Civil War
the Stock Market Crash
the 19th Amendment
5.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
What trend from the 1920s does the image reflect?
income increase for sweat laborers
income equality
income disparity
does not reflect anything about income
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