NEW
Font size
WorksheetsCauses and Effects of the Great Depression
Total questions: 10
Worksheet time: 5mins
Which economic factor was a major cause of the Great Depression?
over-speculation of the stock market artificially raising prices
Increase in business taxes
Reduction of tariffs on foreign imports
Creation of the Federal Reserve System
Which of these best describes the Great Depression?
A time of economic prosperity and lack of government regulations
A decade of recovering from the hardships of World War I
A decade where foreign policy decision make the U.S. a world power
A time of high unemployment, homelessness, and business failures
How does October 29, 1929 mark the end of prosperity and the Roaring Twenties?
The stock market crashed leading America into a depression
Herbert Hoover's administration forced regulations on big business
The Federal Reserve lowered its interest rates to its lowest in history
Prohibition ended causing fortunes to fall
Which of these best describes the causes of the Dust Bowl?
Advances in new farming technology and mass production of farm goods
Poor agricultural practices and long periods of drought
tropical wind storms and dust from the African Sahara
Mass migrations westward using auotmobiles
How did the Federal Reserve and the banking system contribute to the outbreak of the Great Depression?
Regulations on businesses were too tight and stifled growth
Banks imposed transaction fees on withdrawals causing debt to increase
New insurance programs lead to massive fraud issues
Interest rates were too high and too many Americans had large amounts of credit debt
How did bank runs contribute to the outbreak of the Great Depression?
Interest rates on credit caused a spike in debt causing the housing market to collapse
Banks failed and closed costing people their savings and faith in the banking system
Injuries caused by riots lead to many to lose their jobs
The Federal Reserve did not stock banks with enough gold to handle bank runs
Why did the U.S. government force the repatriation of thousand of people of Mexican ancestry?
To continue to stop the spread of Communism through immigrants
To reduce competition for jobs for white Americans
To prepare for an adjustment of borders after a new treaty
To fulfill a secret agreement with the Mexican government
What was the purpose of Herbert Hoover's Reconstruction Finance Corporation?
To create new jobs with infrastructure projects for Americans
To insure future bank deposits to restore faith in the banking system
To create government agencies to monitor the economy
To give loans to banks and businesses to restart the economy
How did the Hawley-Smoot Tariff make the Great Depression worse?
It decreased the price of goods from other countries
It slowed down international trade when business needed trade
It caused unregulated banks to fail
It triggered panics causing future bank runs
Why were shelters like these called Hoovervilles?
They were provided by government assistance programs
They were a product of the Reconstruction Finance Corproation
People were expressing anger over the President not helping during the Depression
The President personally helped people build shelters to boost their confidence in government
