Exploring the Causes and Impact of the Great Depression

The video explores the Great Depression, a global economic catastrophe that began in the 1920s. It discusses the economic conditions leading to the Depression, including the 1929 stock market crash, and its worldwide impact. The video also covers the political changes it spurred, such as the rise of the Nazis in Germany and the New Deal in the US. The effectiveness of Roosevelt's New Deal and Keynesian economic theories are debated. The video concludes with the Depression's legacy and lessons, emphasizing its unparalleled impact on modern history.

What event is often considered the start of the Great Depression in the US?

• The Dust Bowl

• The rise of the Third Reich

• The Stock Market Crash of 1929

• The end of World War One

Which plan briefly resurrected Germany's economy in the 1920s?

• The Smoot-Hawley Tariff Act

• The Marshall Plan

• The Dawes Plan

• The New Deal

What was a major stimulus for the American economy in the 1920s?

• The rise of the automobile

• The construction of railroads

• The discovery of gold

• The invention of the telephone

What was a common mistake made by people during the 1920s that contributed to the economic collapse?

• Starting new businesses

• Saving too much money

• Buying gadgets on credit

• Investing in real estate

What was the immediate effect of the stock market crash on October 24, 1929?

• A boom in the housing market

• A rise in stock prices

• An increase in consumer spending

• A wave of unemployment

What was the nickname given to the shantytowns that spread across America during the Great Depression?

• Hoovervilles

• Depressionvilles

• Dust Bowls

• Rooseveltvilles

Who was made Chancellor of Germany in 1933, leading to disastrous consequences?

• Winston Churchill

• Adolf Hitler

• Herbert Hoover

• Franklin D. Roosevelt

What was one of the central elements of FDR's New Deal?

• The Marshall Plan

• The Smoot-Hawley Tariff Act

• The Public Works Administration

• The Dawes Plan

Which act gave workers more rights, including the right to unionize, during the New Deal?

• The National Industrial Recovery Act

• The Agricultural Adjustment Act

• The Wagner Act

• The Social Security Act

What event ultimately helped end the Great Depression?

• The Dust Bowl

• World War Two

• The Stock Market Crash

• The New Deal