WorksheetsGreat Depression sec.1
Total questions: 9
Worksheet time: 2mins
Name
Class
Date
1.
The law that keeps prices above a set level.
a)
credit
b)
price support
c)
speculation
d)
buying on margin
2.
This term is used for investments in high-risk ventures
a)
price support
b)
credit
c)
speculation
d)
buying on margin
3.
Buying stock by paying only a portion of the full cost up-front with promises to pay the rest later
a)
buying on margin
b)
speculation
c)
price support
d)
credit
4.
Who did Alfred E.Smith run against in the 1928 election?
a)
Herbert Hoover
b)
FDR
c)
Coolidge
d)
Trump
5.
What time period was the Great Depression?
a)
1920-1929
b)
1929-1940
c)
1930-1940
d)
1919-1924
6.
Short term loans to buy goods with promises to pay later.
a)
price support
b)
speculation
c)
buying on margin
d)
credit
7.
Which of the following was NOT a cause of the Great Depression?
a)
Tariffs and war debt policies that cut down the foreign market for the US
b)
A crisis in the farm sector
c)
The availability of easy credit
d)
Businesses gaining income from the government
8.
How did WW1 contribute to causing the Great Depression?
a)
Soldiers returning were unskilled and could not find work
b)
Foreign countries borrowed heavily to pay for the war and could not afford to buy US goods
c)
America had spent their money on war bonds and had little savings.
d)
US industry was geared to produce weapons and couldn't produce consumer goods
9.
Which economic factor contributed most directly to the start of the Great Depression?
a)
buying stocks on margin
b)
high income taxes
c)
decreasing tariff rates
d)
low worker productivity
100 %
