4.3 Great Depression

Match the appropriate definition to term

• Permanent programs to prevent a downturn

• Recovery

• Temporary programs to kickstart economy

• Relief

• Immediate action taken to stop the bleed

• Reform

Which of these is NOT a cause of the Great Depression?

• Overproduction and Underconsumption

• Agriculture demand falling

• Buying on Margin

• World War II

What is a Hooverville?

• A shantytown for the homeless during the Great Depression.
• A popular tourist destination in the 1930s.
• A government program to provide housing during the 1950s.
• A type of vacuum cleaner invented in the 1920s.

**Look at the image**Which reason correctly replaces the question mark on the list? (a)  

• Decline in interest rates
• Failure of Banks
• Outsoaring of manufacturing jobs

Causes of the Great Depression

• producing too many goods

• speculation

• purchasing stocks hoping to "get rich quick"

• Buying on Credit and installment buying

• purchasing large items with money people did not have and making payments

• Overproduction

• busying stocks on credit

• Buying on Margin