Roaring 20s and Causes of Great Depression

When did the stock market crash leading up to the Great Depression take place?

• October, 1929

• November, 1943

• July, 1776

• April, 1863

Who was President of the United States at the beginning of the Great Depression?

• Herbert Hoover

• Abraham Lincoln

• Woodrow Wilson

• Harry Truman

Which of following States did NOT have an unemployment rate over 26% in 1934?

• Oklahoma

• North Dakota

• New Mexico

• North Carolina

During what year of the Great Depression did the unemployment rate reach its peak?

• 1933

• 1929

• 1940

• 1937

What does it mean to buy something on "credit"?

• buying a product now but paying for it later

• trading one product for another product

• Paying for a product entirely at the time of purchase

• getting a product for free

What new media became extremely popular in the 1920s as a way to get news, music, and sports in the privacy of their own homes?

• Radio

• Television

• Internet

• Portable Telephones

Why did people buy things on credit in the 1920s?

• Essential items were becoming too expensive to pay for in full

• People thought it was free money that they would never have to pay back

• All their money was in the stock market so they needed to borrow money to pay for food

• Banks were offering free money to people who wanted it

What caused the stock market to crash in 1929?

• Investors panicked and sold their stock rapidly

• A major flood in the west caused economic instability

• Banks had too much money and stock prices grew too high

• A power outage caused all the stocks to disappear

Which of the following is NOT a common sight during a depression?

• Homelessness

• Business Openings

• Soup Kitchens

• Break Lines

What event aided in the global spread of the Spanish Flu?

• World War I

• American Revolution

• Building of the Panama Canal

• World War II