Great Depression

What event triggered the start of the Great Depression?

• Drought in the Midwest

• Signing of the Treaty of Versailles

• Discovery of gold in California

• Stock market crash of 1929

Which president was in office when the Great Depression began?

• Herbert Hoover

• Abraham Lincoln

• George Washington

• Franklin D. Roosevelt

What was the unemployment rate during the peak of the Great Depression?

• 10%

• 25%

• 30%

• 15%

What were some of the causes of the Great Depression?

• Expansion of international trade

• Rise in wages

• Increase in government spending

• Stock market crash of 1929, bank failures, reduction in purchasing, American economic policy with Europe, drought conditions

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

• The stock market crash of 1929 caused a decrease in economic activity and loss of confidence, exacerbating the Great Depression.

• The stock market crash of 1929 led to increased government spending, causing inflation and worsening the Great Depression.

• The stock market crash of 1929 resulted in a surplus of goods, leading to economic growth during the Great Depression.

• The stock market crash of 1929 had no impact on the economy and did not contribute to the Great Depression.

What was the Dust Bowl and how did it impact the Great Depression?

• The Dust Bowl was a period of heavy rainfall that led to flooding

• The Dust Bowl was a period of severe dust storms that damaged agriculture and exacerbated the effects of the Great Depression.

• The Dust Bowl was a military conflict that occurred during the Great Depression

• The Dust Bowl was a financial crisis caused by stock market crashes

What were some of the major social effects of the Great Depression?

• Rise in average life expectancy

• High unemployment rates, poverty, homelessness, food insecurity, decline in mental health

• Increase in government support programs

• Decrease in technological advancements

How did the New Deal programs aim to address the economic challenges of the Great Depression?

• The New Deal programs aimed to address the economic challenges of the Great Depression through military spending

• The New Deal programs aimed to address the economic challenges of the Great Depression through tax cuts

• The New Deal programs aimed to address the economic challenges of the Great Depression through privatization

• The New Deal programs aimed to address the economic challenges of the Great Depression through relief, recovery, and reform measures.

What role did the Federal Reserve play in the Great Depression?

• Implemented universal basic income

• Loosened the money supply

• Raised interest rates

• Tightened the money supply

How did World War II help to end the Great Depression?

• World War II resulted in a decrease in job opportunities and increased poverty

• World War II led to a decrease in government spending and industrial production

• World War II stimulated industrial production, created jobs, and increased government spending.

• World War II had no impact on the economy and did not affect the Great Depression