Great Depression Causes Quiz

What was a major problem in the 1920s that contributed to the Great Depression?

• Overproduction of crops

• Drought

• High winds

• Buying on credit

What event on October 29, 1929, is considered one of the major causes of the Great Depression?

• Hawley Smoot Tariff

• Stock Market Crash

• Reduction in Purchasing

• Bank Failures

What was a consequence of over 9,000 banks failing during the 1930s?

• Increased trade with foreign countries

• Unemployment rate rising to 25%

• More spending to improve the economic situation

• Less trade between America and foreign countries

What factor led to the gap between the rich and poor widening during the Great Depression?

• High winds

• Loss of prairie grasses due to over plowing

• The wealthiest 1% saw their income rise 75%

• Overproduction of crops

What was a result of businesses failing and the government creating the Hawley-Smoot Tariff in 1930?

• Increased trade with foreign countries

• Unemployment rate rising to 25%

• Less trade between America and foreign countries

• More spending to improve the economic situation

What was the intent of the government with the Hawley Smoot Tariff?

• Drought

• Protect America business but it backfired

• Overproduction of crops

• Buying on credit

Who was president when the stock market crashed?

• Theodore Roosevelt

• Woodrow Wilson

• Herbert Hoover

• Franklin Delano Roosevelt

After the Stock Market Crash, many people lost their life savings because _______________.

• banks closed
• banks gave away their money
• they couldn't remember where they put it
• someone stole it

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

• Credit 
• Debit
• Speculation 
• Investment 

Which roman numeral on the map above correctly shows the location of the 1930s Dust Bowl?

• I

• II

• III

• IV