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WorksheetsThe Great Depression
Total questions: 13
Worksheet time: 7mins
Name
Class
Date
1.
The "Forgotten Presidents" of the 1920's put very pro-____________ policies into place that created short term wealth but may have caused the Great Depression.
a)
Life
b)
Europe
c)
Business
d)
Women's Rights
2.
The Great Depression began after the affluence of the Roaring 20s and lasted from ______ to ______.
a)
1914-1918
b)
1939-145
c)
1776-1783
d)
1929-1939
3.
Many Americans wrote personal letters to President Franklin Delano Roosevelt and the First Lady Eleanor Roosevelt because____________
a)
The President asked them to
b)
The President had plenty of time to answer fan mail
c)
They had nowhere else to turn
d)
FDR was wealthy and had promised to give $ to the first 100 letter-writers
4.
Many Americans experienced complete economic disaster and could not afford the basic essentials during the Great Depression.
a)
True
b)
False
5.
A long period of increasing stock values, called a ______ Market and prices led many to invest in the Stock Market during the 1920s
a)
Bull
b)
Brain
c)
Dog
d)
Cat
6.
Due to the long and successful Bull Market, many American investors began to ________________, hoping to make a fortune overnight.
a)
Take their stocks out of the market
b)
Speculate
c)
Reinvest
d)
Sell High and Buy Low
7.
The Stock Market Crash in ____________________ led to MASSIVE losses for almost everyone with stocks.
a)
December 1909
b)
October, 1929
c)
October 1944
d)
January 1937
8.
The Stock Market Crash weakened the _______________ of the U.S., leading to many closures and loss of deposits.
a)
Fishing Industry
b)
Railroad Industry
c)
U.S. Military
d)
Banking System
9.
During the first two years of the Great Depression, more than ___________ banks were forced to close, worsening the effects the economic collapse.
a)
3,000
b)
140
c)
2
d)
150,000
10.
Many historians and economists agree that _____________, or the creation of too many consumer items and not enough money to purchase them worsened the Depression.
a)
overstepping
b)
overproduction
c)
overgrazing
d)
overcalculation
11.
Another major problem that led to the Great Depression was the "uneven distribution of income," or the fact that a very small % of Americans were wealthy while 2/3 made less than $2,500/year.
a)
True
b)
False
12.
Many American consumers who had been paying with credit on _____________ plans, had to reduce spending, hurting the economy overall.
a)
Installment
b)
Pay for play
c)
Loan
d)
Bank Investment
13.
Foreign companies also purchased less American made goods and this lead to a loss in ____________
a)
Imports
b)
Export Sales
c)
Exports
d)
Investments
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