Great Depression Day 1 Notes Quiz 2022

During the Great Depression, there was a severe drought in the Great Plains. Strong prairie winds picked up the topsoil and spread dust everywhere. Many farm families packed everything up and moved west. What was this event called?

• Dust Bowl

• Farm Bowl

• Great Plains Panic

• Homestead Disaster

Who was President of the US when the stock market crashed and Depression began?

• Theodore Roosevelt
• Franklin D. Roosevelt
• Herbert Hoover
• William McKinley

What effect did the Dust Bowl storms have on the Great Depression?

• Many farmers were forced to leave the Great Plains.
• Unemployment decreased gradually.
• Many homes long the Mississippi River were flooded.
• Hoover was re-elected as president.

What is speculation?

• a process in which a union representative or a group of workers negotiates with management for a contract

• a network of banks that lend money to help businesses get started

• food, supplies, or goods in excess of what is needed; extra

• to buy or sell stocks or land, hoping to gain huge profits quickly

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

• Over speculation on stocks using borrowed money

• High tariffs discouraged international trade

• Unpaid debts from fighting World War I

• Too much debt from buying goods on installment plans

How did the Great Depression affect workers?

• One-half of workers were unemployed
• Workers’ incomes rose to high levels
• One-fourth of workers were without jobs
• Workers were able to afford luxury items

What role did the Federal Reserve play in causing the Great Depression?

• It loaned money to closed banks and businesses
• It over speculated in the Stock Market
• It prevented the banking system from collapsing
• It failed to prevent the banking system collapse

What did the following factors contribute to?

Large numbers of banks and businesses failed • Large numbers of people were homeless and hungry • Farmers’ incomes fell to low levels

• Reconstruction

• Great Depression

• Great Migration

• Segregation

The New York Times October 1929 The topic of this newspaper article is the...

• Stock Market Crash

• Stock Market Boom

• Great Migration north and west

• Roaring Twenties

What was President Herbert Hoover's response to the Great Depression?

• He believed "rugged individualism" would solve the economy

• He created mass welfare

• He increased infrastructure to create jobs

• He violated his policy of laissez-faire