Depression and War

What is an economic depression?

• U.S. leaders meet with the leaders of other countries.

• Farmers do not grow enough crops to feed everyone.

• Profits and business activity decrease.

• Business activity increases and profits rise.

Many Americans believed the PROSPERITY of the 1920's was permanent.

• True

• False

When stock prices rise

• New Deal

• Bull Market

• Bear Market

• Great Depression

What is a Bear Market?

• A grocery story for hunters

• An abundance of crops

• An economic surplus

• Fallen stock prices

Many people did which of the following during the 1920's?

• Farmed more

• Invested in the stock market

• Moved to Europe

• Collected unemployment

Which of the following is NOT true of life during the Great Depression?

• Unemployment was high.

• Many people lost their homes.

• Many people struggled to have enough food.

• More banks opened.

The stock market crash of 1929 caused the Great Depression.

• True

• False

Why was President Hoover unpopular?

• He was unable to fix the Great Depression.

• He did not care about people suffering.

• He focused on war strategies.

• He caused the Great Depression.

President Hoover waited for the economy to fix itself because he believed the governement couldn't help.

• True

• False

Which Alphabet Agency was most relevant to farming?

• Tennessee Valley Authority

• National Recovery Administration

• Agricultural Adjustment Administration

• Social Security Administration