The Roaring 20's and the Great Depression

The 1920s were characterized by 

• Economic depression
• Wars 
• Economic Prosperity 
• none of the above 

What does buying on credit mean?

• It’s when you pay someone to install something in your house

• It’s when someone pays you money to install something in their house

• It’s when someone pays for an item in small increments, or little-by-little

• It’s when you purchase installments

What was America’s viewpoint on the world after the First World War?

• Isolationism

• Nationalism

• Imperialism

• Communism

FDR's plan to fix the American Economy was called:

• The New Deal
• Reaganomics
• Economic Injection
• The "band-aid" Solution

Many organizations, such as the CCC and the SSA, were created to help Americans get back on their feet. These organizations were known as:

• Alphabet Soup

• The 3 Rs

• FDR's economic plan

• Economic Revitalization project

stock prices dropped in the fall of 1929 because

• there was new stock available.

• no one was selling their stock.

• too many people were selling their stock.

• the stock market was stable.

What happened to farmers during the Great Depression?

• They continued to have a rise in their harvests.  
• They could not charge much for their crops. 
• They changed from harvesting cotton to growing turnips. 
• They charged higher prices because the demand was high.

When did the Stock Market crash?

• 1919
• 1929
• 1985
• 1829

Who was the president during the beginning of the Great Depression?

• Woodrow Wilson
• Franklin Roosevelt
• Herbert Hoover
• Jimmy Carter

One difference between the administrations of President Roosevelt and President Hoover was that Roosevelt was-

• more willing to use government intervention to solve economic problems
• unwilling to allow government agencies to establish jobs
• able to ignore economic issues for most of his first term in office
• opposed to any type of government regulation of financial institutions