Exploring the Causes and Impact of the Great Depression

The video explores the economic and cultural boom of the 1920s in America, known as the Roaring Twenties, followed by the reckless stock market speculation that led to the 1929 crash. It delves into the Great Depression's devastating impact on society, President Hoover's inadequate response, and Franklin D. Roosevelt's New Deal programs aimed at economic recovery. The video concludes with the Second New Deal and the eventual recovery spurred by WWII production efforts.

What was one of the major technological advancements that became widely available during the 1920s?

• Microwave ovens

• Personal computers

• Electric refrigerators

• Television

What was a significant factor that led to the stock market crash in 1929?

• Increased agricultural production

• Reckless speculation in the stock market

• Low household debt

• High wages

What was the impact of the stock market crash on American households?

• Increased savings

• Foreclosure on homes

• Higher wages

• Lower unemployment

Which region was hit by a severe drought in the early 1930s, exacerbating the Great Depression?

• Great Plains

• Northeastern United States

• Pacific Northwest

• Southeastern United States

What was President Herbert Hoover's approach to handling the Great Depression?

• Hands-off approach

• Immediate relief programs

• Direct government intervention

• Nationalization of banks

What was one of the key measures taken by Franklin D. Roosevelt to restore confidence in the banking system?

• Reducing government spending

• Creating the FDIC

• Repealing prohibition

• Raising taxes

What was the purpose of the Tennessee Valley Authority Act?

• To build dams and provide hydroelectric power

• To regulate the stock market

• To provide unemployment insurance

• To supervise union elections

Which act guaranteed pensions to the elderly and provided unemployment and disability insurance?

• Social Security Act of 1935

• National Industrial Recovery Act

• Glass-Steagall Act

• Securities and Exchange Act of 1934

What caused the recession in 1937 during Roosevelt's presidency?

• Lowering of taxes

• Federal Reserve raising the reserve requirement

• Increased government spending

• Increased agricultural production

What event finally pushed the United States out of the Great Depression?

• The Tennessee Valley Authority Act

• The bombing of Pearl Harbor

• The end of Prohibition

• The New Deal