The Nation's Sick Economy 1929 Quiz

Who is mentioned as a well-known photographer, author, and filmmaker in the text?

• Alfred E. Smith

• Gordon Parks

• Franklin D. Roosevelt

• John D. Rockefeller

What event did Gordon Parks recall in his autobiography?

• The end of World War I

• The stock market crash of October 1929

• The beginning of the Cold War

• The signing of the Treaty of Versailles

What was a significant economic issue for farmers during the 1920s?

• They had too much demand for their crops.

• They raised more livestock than they could sell at a profit.

• They had no access to modern farming equipment.

• They were unaffected by the economic troubles.

What did the economic troubles of the 1920s threaten?

• Political stability

• Economic prosperity

• Technological advancement

• Cultural development

Which industry was especially hard-hit due to stiff competition from new forms of energy?

• Coal mining

• Textile manufacturing

• Automobile production

• Steel manufacturing

Which industry suffered the most after World War I due to price decreases and a lack of demand?

• Agriculture

• Mining

• Railroads

• Construction

By what percentage did crop prices decline after World War I?

• 40 percent

• 20 percent

• 50 percent

• 30 percent

What did President Coolidge say about farmers in relation to the McNary-Haugen bill?

• "Farmers have never made money."

• "Farmers are the backbone of the economy."

• "Farmers need more support."

• "Farmers should diversify crops."

What was a significant economic issue during the 1920s in America?

• Balanced distribution of income

• Uneven distribution of income

• Decrease in consumer credit

• Increase in agricultural production

What did many Americans do to live beyond their means in the 1920s?

• Invest in real estate

• Buy goods on credit

• Save more money

• Work multiple jobs