The Great Depression

The man who promised a “New Deal” for America was

• FDR
• Eisenhower
• Hoover
• Truman

After the Stock Market Crash in October 1929, there was

• A decrease in demand for consumer goods
• An increase in loans for building and factories
• A decrease in business failures
• An increase in industrial production

All of following were a long-term causes of the Great Depression except

• Overproduction in farming
• decline of industries like steel and oil
• decrease in farm prices
• the Stock market crash

Why was President Hoover hated so much?

• He was known for his racist ideas
• He forced Japanese Americans into Internment Camps
• He did very little to help end the Great Depression
• He decided to drop the atomic bomb

What does buying a stock on margin mean?

• purchasing the stock outside the regular stock exchange
• buying the stock for someone else
• paying less than the market price of the stock
• borrowing money to help pay for the stock

Which of the following was not an effect of the Great Depression?

• Many children had a poor diet.
• Many families became homeless.
• Many men became unemployed.
• Many people started farming.

Which was not a cause of the Dust Bowl?

• Drought
• high winds
• thick layers of prairie grasses
• overproduction of crops

Which of the following was the goal of the New Deal?

• help alleviate the problems of the depression
• keep American neutral in World War I
• decrease prices of farm goods
• increase crop production

FDR’s plan to end the Great Depression helped in all ways EXCEPT:

• Created Jobs
• Fixed the banking System
• Forced people to buy war bonds
• Put systems in place to prevent another economic collapse.

What were the major causes of the stock market crash and the Great Depression?