The Great Depression: L30-32

The key cause of the Great Depression was the...

• End of World War 1

• Stock Market Crash

• Increase in job availability

• Decrease in depression among adults

Which of the following increased for workers during the Great Depression?

• Compensation

• health benefits

• number of factories

• unemployment rate

Overall, the Great Depression caused a(n) ____________ in the world economy.

• plateau

• slump

• improvement

• increase

October 29, 1929 is known as Black Tuesday. What notable event happened on this day?

• Stock market prices drastically increased

• Stock market prices did not change

• The best daily rising of stock market prices

• The worst day of plunging stock market prices

Overproduction is a situation in which...

• less women are seeking employment

• More people are interested in owning their own factories

• More goods are being produced than people can afford to buy

• less children are allowed to participate in home schooling

The Federal Reserve System supplies its banks with a discount rate, which refers to what?

• The rate at which banks can lend money to customers

• The rate at which banks can borrow money from the fed

• The percentage of money an individual saves when closing an account

• The percentage of money an individual saves when opening a new account

The nation's longest economic slump is called the...

• Great Depression

• Great Impression

• Grand Depression

• Grand Impression

_______ is the charge made by a bank for the use of money deposited in an account.

• Interest

• Disinterest

• Deposition

• Marketing

What is the "flip side" of overproduction?

• Overcompensation

• Overqualification

• Underconsumption

• Underclassmen

A ________ is a person who sells stock.

• Stocker

• Broker

• Teller

• Marketer