Causes of the Great Depression (Part II)

This is the process of taking money borrowed from the bank or a broker, and putting it into the stock market

• Buying on Margin 
• Speculation 
• Buying on Credit 
• Overconsumption 

This is the idea that the rich become richer, while the poor become poorer

• Black Tuesday 
• Speculation 
• Unequal distribution of wealth
• Buying on Credit 

A sudden dramatic decline of stock prices, resulting in a significant loss of wealth.

• Bull Market 
• Speculation 
• Bank Run 
• Stock Market Crash 

This cause led many businesses to close, because they were producing more goods than consumers were willing to buy.

• Overproduction 
• Underconsumption 
• Buying on Credit 
• Stock Speculation 

Choose the answer that best describes the Dust Bowl.

• When people get a lot of dust in their plates and bowls.

• A period of time where a large part of the US experienced drought and huge dust storms.

• A period of time where the US experienced uncleanliness.

• A general term for when objects become dirty.

What human activity was a part of the cause of the Dust Bowl?

• Driving

• Building

• Flying

• Overplowing

The Great Depression began in

• 1925
• 1929
• 1932
• 1940

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

October 29th, 1929

• Black Monday
• Black Tuesday
• Black Wednesday
• Black Friday

President Hoover's philosophy that Americans must work harder to dig out of the depression.

• chicken in every pot
• rugged individualism
• Square Deal
• New Deal