1930s Great Depression Quiz

A general decline in prices for goods and services, typically associated with a contraction in the supply of money and credit in the economy.

• INFLATION

• DEFLATION

• GROSS NATIONAL PRODUCT

• BUYING ON MARGIN

The total monetary or market value of all the finished goods and services produced within a country’s borders in a specific time period. As a broad measure of overall domestic production, it functions as a comprehensive scorecard of a given country’s economic health.

• INFLATION

• DEFLATION

• GROSS DOMESTIC PRODUCT

• BUYING ON MARGIN

What caused many farmers to foreclose on their farms in the 1930s?

• Growing too few crops

• Overproduction of crops and costs of machines

• Expensive land and not enough workers

• The Wall Street Crash

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

Which TWO answers best describe President Herbert Hoover's presidency during the Great Depression?

• A very hands-on government

• Mostly hands-off government

• Largely unable to better economic conditions

• Created many New Deal programs

Buying on margin was a method of buying stocks

• with mostly borrowed money.

• without using a broker.

• by pooling money with others.

• without any risk.

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

• Fireside Chats

• IG Chat

• Radio Talks

Program that provided aid to people with disabilities and pensions for retired workers

• Social Security

• Civilian Conservation Corps

• Works Progress Administration

Which of these was NOT a reason Conservatives opposed the New Deal?

• It increased the power of the presidency

• It added to the National Debt

• It didn't go far enough

• It encouraged idleness

What New Deal program restricted agricultural production by paying farmers to grow less crops

• AAA
• CCC
• REA
• SSA