Unit 7.5 Do Now

During the Stock Market crasch of 1929,

• investors quickly bought more stocks to ensure a profit.

• stock prices fell, causing billions of dollars to be lost.

• stores hired more employees to capitalize on consumer demand.

• banks loaned money to homeowners to cover their mortgages.

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.

How did the stock market crash of 1929 contribute to the Great Depression?

• After the crash, wealthy people took the money they had and moved abroad.

• The crash left the economy too weak to overcome bigger challenges.

• The poor had invested heavily in the stock market and lost whatever money they had.

• Wall Street traders lost their jobs, creating massive unemployment.

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

Period of time beginning in 1929 and lasting through the 1930s where people lost jobs and didn’t have enough food; the economy took a downfall

• The Great Depression

• The Great Recession

• The New Deal

Direct talks FDR held with the American people to let them know his plan

• Fireside Chats

• IG Chat

• Radio Talks