Great Depression and New Deal Quiz

WHAT IS A STOCK?

• An entire compnay

• A share of the company

• A bank account

• A retirement account

WHICH OF THE FOLLOWING WAS NOT A CAUSE OF THE GREAT DEPRESSION?

• Overproduction

• Speculation

• Buying on Margin

• Good Banking System

WHY WAS THERE OVERPRODUCTION?

• Made more than could be sold

• Made just enough

• Didn't make enough

• Stop making anything

What is speculation?

• Where people bought stock on credit

• Where people Guessed what stock to buy

• Where people overproduced

• Where people withdrew all of their money

What does it mean to Buy on Margin?

• Guessing what stocks to buy

• Buying stocks on Credit

• Withdrawing all of your money

• Producing too much product

Who was the President when the Great Depression started?

• Teddy Roosevelt

• Woodrow Wilson

• Herbert Hoover

• Franklin D. Roosevelt

What is the date of the Stock Market Crash?

• 9/01/1929

• 10/29/1929

• 10/31/1931

• 11/11/2001

What is the day the Stock Market Crashed called?

• Red Tuesday

• Black Friday

• Black Tuesday

• Red Friday

Which of the following was NOT an effect of the Stock Market Crash?

• People lost their life savings

• Millions won the lottery

• Millions were unemployed

• Millions were homeless

Where was the Dust Bowl?

• Midwest

• West Coast

• East Coast

• Southeast