Crash Course - The Great Depression

From the "Fear the Boom and Bust video, Which of the following supported the idea of spending to keep the economy flowing

• John M. Keynes

• Selma Hayek

• Albus Dumbledore

• F.H. Hayek

According to Crash Course, the rise in the consumerism of the 1920s was fueled by ...

• Banks not releasing money

• The development of the talkies

• That crazy swing music corrupting the youth

• Credit and installment paying

• Alcohol

According to Crash Course, during world war I many farmers expanded and produced more for the war this put them into dept because

• An overpopulation of Pigs and other domestic animals

• The cost of mechanization of farm equipment

• The development of cereal companies

• Americans refused to pay more at the grocery

According to the video, how many average Americans actually owned their own stock?

• 95%

• 2%

• 53%

• 39%

According to the Crash Couse video, Most of these were buying stocks on Margin

• The Average American

• The Banks

• The Government

• Jimmy Kimmel

According to the crash course video, in 1913 Most American Banks

• Were small local banks

• Large corporate banks

• owned by the federal government

• Sponsored by large corperations

According to the video, what did Herbert Hoover, in his memoirs blame the Great depression on?

• The rise of Fascism in Europe

• The First World War and the Treaty of versaille

• The Development of consumerism in America

• The passing of the 18th and 19th Amendments to the Constitution

According to the video, Britain unlike America, to solve the crisis

• Spoke with an accent which just seems to make everything sound better

• Refused to help their citizens relying on the charity of communities

• Made a dog their nation emblem

• Let go of the Gold Standard allowing them to produce more money

According to the video, he persuaded a large number of industrialists to agree to maintain wage rates. He also got the Federal Farm Board to support agricultural production and got congressional approval for 140 million dollars in new public works.

Which President is "he" referring to?

• Herbert Hoover

• Franklin D. Roosevelt

• William Mckinley

• John F. Kennedy

According to the video, In big cities the numbers were even worse, especially for people of color. Like in Chicago, 4% of the population was African-American, but they made up more than _____of the unemployed.

• 16%

• 75%

• 2%

• 95%