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WorksheetsThe Great Depression
Total questions: 10
Worksheet time: 8mins
Name
Class
Date
1.
A severe economic downturn
a)
recession
b)
decline
c)
depression
d)
retraction
2.
Beginning of the panic selling; 13 million shares sold
a)
Black Tuesday
b)
Black Thursday
c)
Black Friday
d)
Black Sunday
3.
Depositors desperately trying to get their money from their savings accounts
a)
Bank Dash
b)
Bank Holiday
c)
Bank Push
d)
Bank Run
4.
Why did banks not have their depositors' money?
a)
They stole the money
b)
They lost it in the stock market
c)
They sent it overseas to help Europe rebuild
d)
There was a recession in the banking industry
5.
An organized system of buying and selling shares in a corporation
a)
Stock Exhange
b)
Stock Market
c)
Stock Option
d)
Stock Trading
6.
The official stock market crash
a)
Black Tuesday, October 29, 1929
b)
Black Thursday, October 24, 1929
c)
Black Tuesday, September 21, 1929
d)
Black Thursday, September 16, 1929
7.
The Wealth Gap is an example of
a)
Credit Crisis
b)
Debit Crisis
c)
Unbalanced Economy
d)
Balanced Economy
8.
The unemployed were sometimes known as
a)
Potato Peddlers
b)
Berry Pushers
c)
Cherry Pickers
d)
Apple Sellers
9.
What was not a cause of the Great Depression?
a)
government relief programs
b)
credit crisis
c)
stock market crash
d)
unbalanced economy
10.
What action did farmers take when they bought equipment on credit and were unable to pay their loans?
a)
did public works
b)
sold equipment
c)
defaulted
d)
paid extra interest
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