Great Depression Review2

What were the 3 causes of the Great Depression?

• FDR, The New Deal, The Second New Deal
• Herbert Hoover, Hobos, Riding the Rails
• Credit, Stock Market Crash, Corruption

Explain the Stock Market Crash.

• People purchased stocks with credit, got scared and sold their stocks. There was no money to pay people their money
• People purchased stock
• People threw their money away

What caused millions to lose their family wealth during The Depression?

• Bank closures
• Foreclosures on their farms and homes
• Stockmarket
• All of the above

Ownership in shares of a company or corporation

• CEO
• Insurance
• Stocks

President during the 1930s who was considered a failure because he couldn't fix the Great Depression.

• Franklin D. Roosevelt
• Herbert Hoover
• Margaret Mitchell
• Jessie Owens

The president who promised the people a "New Deal" during the Great Depression.

• Jesse Owens
• Herbert Hoover
• Franklin D. Roosevelt
• George Washington

What role do banks have in  the economy? 

• They provide loans to people who need money and help people invest money in stocks.
• They tax customers to pay for new programs.
• They decide how everyone should spend their money.
• They do not play a role in the economy.

Which of the following is NOT a cause of the Great Depression?

• Stock Market Crash
• Credit
• Advertisment
• Prohibition

What was the New Deal?

• A relief program 
• A weapons project
• A Scam
• A Tax

The __________________  was the longest period of unemployment and low economic activity in the 1900's.

• New Deal
• Great Depression
• Dust Bowl
• Civil War