Bevill Great Depression

Which of the following accurately describes how foreign policy contributed to the Great Depression?

• German aggression threatened war, causing massive military buildups and draining treasuries

• European factories produced automobiles, challenging American manufacturing dominance.

• American tariffs slowed global trade by reducing exports, harming worldwide economies.

• South American sugar producers slowed production, straining worldwide supply chains.

What forced banks to close during the Great Depression?

• Huge amounts of inflation

• War in Europe

• Investors unable to pay loans and bank runs

• Not enough people invested in the Stock Market

Why did the stock market collapse in 1929?

• Only wealthy Americans invested in the stock market

• Investors inflated prices, and then sold shares very cheap, losing money

• Investors refused to invest in the stock market

• Investors bought shares cheap, and then sold stocks at a high price

Which TWO answers best describe President Herbert Hoover's presidency during the Great Depression?

• A very hands-on government

• Mostly hands-off government

• Largely unable to better economic conditions

• Created many New Deal programs

Who was president when the stock market crashed?

• Theodore Roosevelt

• Woodrow Wilson

• Herbert Hoover

• Franklin Delano Roosevelt

Which of the following is NOT one of the "Root Causes" of the Great Depression?

• Uneven distribution of income

• Credit and excessive debt

• Mistakes by the Federal Reserves (National Banks)

• WWI

People who could no longer afford their homes were forced to live in cardboard shacks that they built in public parks. What were these shacks called?

• Shantyshacks
• Town Homes
• Tenement Housing
• Hoovervilles

Which of the following is a term for buying something now and paying for it later?

• Credit 
• Debit
• Speculation 
• Investment 

True or False: The prosperity of the 1920's meant that people were making risky investments in the stock market.

• True

• False

The massive drought that happened at the same time as the Great Depression was called

• The Dust Bowl

• The Gold Rush

• Exodusters

• Reconstruction