The Great Depression

What were the main causes of the Great Depression?

• Stable stock market

• Successful American economic policy with Europe

• Stock market crash, bank failures, reduction in purchasing, American economic policy with Europe, and drought conditions

• Increase in purchasing power

How did the Great Depression impact the unemployment rate in the United States?

• Decreased slightly

• Remained the same

• Significantly increased

• Had no impact

What were some of the social effects of the Great Depression on American society?

• Increase in job opportunities, rise in income levels, improved living standards

• Decrease in government assistance, increase in social programs, better access to healthcare

• High unemployment rates, homelessness, poverty, decline in mental and physical health

• Rise in employment rates, decrease in poverty, improvement in mental and physical health

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

• Loss of confidence in the economy, causing businesses to fail and unemployment to rise

• Rise in confidence in the economy and expansion of businesses

• Stabilization of businesses and decrease in unemployment

• Increase in consumer spending and economic growth

What role did the Dust Bowl play in worsening the effects of the Great Depression?

• The Dust Bowl caused widespread agricultural devastation and economic hardship for farmers.

• The Dust Bowl caused a surplus of agricultural products and boosted the economy

• The Dust Bowl had no impact on the economy

• The Dust Bowl led to increased industrial production and job opportunities

What were some of the government policies implemented to address the Great Depression?

• New Deal programs, regulation of the stock market, and relief for the unemployed

• Tax cuts for the wealthy, reduction of government spending, and increased tariffs on imported goods

• Privatization of social welfare programs, deregulation of the banking industry, and elimination of unemployment benefits

• Expansion of the gold standard, reduction of federal assistance to states, and elimination of public works projects

How did the Great Depression affect the lives of farmers?

• Crop prices increased and led to economic growth

• Farmers became wealthy and prosperous

• The Great Depression had no impact on farmers

• Many farmers lost their land and livelihood due to drop in crop prices and widespread drought.

What were some of the cultural changes that occurred during the Great Depression?

• Increase in technological advancements

• Decrease in the availability of literature

• Decline in the popularity of sports

• Rise of mass media and entertainment, emergence of new art forms, shift in societal values

How did the Great Depression impact the banking system in the United States?

• The banking system remained stable and unaffected by the Great Depression

• The Great Depression led to an increase in the number of banks and overall financial stability

• The impact of the Great Depression on the banking system was minimal and insignificant

• Many banks failed, leading to widespread bank closures and loss of savings for many Americans.

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

• No impact on government intervention in the economy, no establishment of social safety nets, and no change in political and social attitudes

• Increased government intervention in the economy, removal of social safety nets, and a shift towards a more individualistic society

• Increased government intervention in the economy, establishment of social safety nets, and a shift in political and social attitudes

• Decreased government intervention in the economy, dismantling of social safety nets, and no shift in political and social attitudes