Causes of the Great Depression Entry Quiz

What is bought and sold on the stock market?

• shares of companies

• services of experts

• consumer products

• financial courses

What is an example of speculation in relation to the stock market?

• thinking about the best time to make an investment

• betting that the market will continue to climb

• wondering what the best stocks are to invest in

• acting as a representative to buyers and sellers

The stock market crashed in which of the following years?

• 1909

• 1919

• 1929

• 1939

What happened when the stock market crashed in the early years of the twentieth century? Select ALL THREE that apply.

• People made fortunes buying stocks.

• Stock prices took a steep dive.

• Banks lost money and closed.

• Americans could not get loans.

Whom did the stock market crash affect?

• mainly stockbrokers

• only the wealthy

• most Americans

• those without jobs

What best characterized the period known as the Great Depression?

• Americans suffered times of economic hardship.

• Many citizens were stripped of political rights.

• The nation mourned those lost in World War I.

• The United States experienced political corruption

What were likely causes of the Great Depression? Select ALL THREE that apply.

• Companies borrowed enormous amounts of money.

• Many Americans could not afford to buy goods.

• Foreign buyers increased demand for American products.

• Too many products were available for sale.

What was the goal of installment plans of the 1920s?

• to let people buy parts of products one at a time

• to allow buyers to receive discounts on products

• to ensure prompt delivery of products to homes

• to enable consumers to pay for products over time

The role of the Federal Reserve Board is most related to ___ issues.

• geographic

• economic

• social

• military