The Great Depression Review Quiz

What were the main causes of the Great Depression?

• The main causes of the Great Depression were labor unions, low interest rates, and international trade agreements.

• The main causes of the Great Depression were excessive government intervention, high taxes, and technological advancements.

• The main causes of the Great Depression were natural disasters, population growth, and increased government spending.

• The main causes of the Great Depression were the stock market crash of 1929, overproduction and underconsumption, bank failures, and the Smoot-Hawley Tariff Act.

How did the Great Depression impact American society?

• The Great Depression led to high unemployment rates, poverty, and homelessness, and caused a decline in industrial production and consumer spending.

• The Great Depression caused an increase in industrial production and consumer spending.

• The Great Depression led to an increase in employment rates and improved living conditions.

• The Great Depression had no impact on American society.

Which New Deal program aimed to provide jobs for unemployed Americans?

• Social Security Administration (SSA)

• National Recovery Administration (NRA)

• Federal Emergency Relief Administration (FERA)

• Civilian Conservation Corps (CCC)

What event triggered the Stock Market Crash of 1929?

• Sudden and dramatic decrease in stock prices on the New York Stock Exchange

• Rise in corporate profits

• Increase in stock market participation

• Introduction of new government regulations

What was the role of the FDIC during the Great Depression?

• The FDIC closed down all banks during the Great Depression.

• The FDIC provided loans to struggling banks during the Great Depression.

• The FDIC invested in the stock market during the Great Depression.

• The FDIC insured bank deposits and restored public confidence in the banking system.

Which industry was hit the hardest during the Great Depression?

• agriculture industry

• technology industry

• financial industry

• manufacturing industry

What were the major effects of the Great Depression on the global economy?

• Increase in international trade, rise in industrial production, and decrease in unemployment.

• Stability in employment, increase in international trade, and rise in industrial production.

• Decrease in international trade, rise in unemployment, and increase in industrial production.

• Widespread unemployment, decline in international trade, and decrease in industrial production.

Which New Deal program aimed to regulate the stock market and prevent future crashes?

• Tennessee Valley Authority

• Securities and Exchange Commission (SEC)

• Social Security Administration

• Federal Reserve System

How did bank failures contribute to the severity of the Great Depression?

• Bank failures caused a loss of confidence in the banking system, leading to a decrease in consumer spending and investment.

• Bank failures led to an increase in confidence in the banking system.

• Bank failures resulted in increased consumer spending and investment.

• Bank failures had no impact on the severity of the Great Depression.

What were the long-term consequences of the Great Depression on American society?

• The long-term consequences of the Great Depression on American society included a decrease in government intervention and social welfare.

• The long-term consequences of the Great Depression on American society included high unemployment rates, poverty, homelessness, and a shift in attitudes towards government intervention and social welfare.

• The long-term consequences of the Great Depression on American society included increased economic growth and prosperity.

• The Great Depression had no long-term consequences on American society.