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WorksheetsChapter 10 DBQs
Total questions: 10
Worksheet time: 20mins
“The selling pressure was... coming from everywhere. The wires to other cities were jammed with frantic orders to sell. So were the cables, radio, and telephones to Europe and the rest of the world. Buyers were very few, sometimes wholly absent." — Jonathan Norton Leonard, journalist
This excerpt describes the panicked selling of stock shares on October 29, 1929. Which statement best explains why people were desperate to sell their stocks?
Share prices were rising very quickly, so stock owners wanted to collect their big profits right away.
Experienced investors were selling large amounts of stock; thousands of other stockholders followed their lead.
Share prices were falling very rapidly, completely destroying the value of many stocks.
Speculators were making vast fortunes, and many people feared that they would lose out on the stock bonanza.
"When the closing bell rang, the great bull market was dead and buried. 16,410,000 shares had changed hands. Leading stocks had lost as much as 77% of their peak value. The Dow Jones index was off 40% since September 3. Not only the little speculators, but the lordly, experienced big traders had been wiped out by the violence of the crash and the whole financial structure of the nation had been shaken to its foundations. Many bankers and brokers were doubtful about their own solvency, for their accounting systems had broken down." - Jonathan Norton Leonard, Three Years Down
This excerpt explains how the stock market crash of 1929 affected which of the following?
only inexperienced investors
only big traders
the nation’s credit rating
the nation’s financial structure
"Old-age benefits in the form of monthly payments are to be paid to individuals who have worked and contributed to the insurance fund in direct proportion to the total wages earned by such individuals in the course of their employment subsequent to 1936.
“While it is not anticipated as a complete remedy for the abnormal conditions confronting us at the present time, it is designed to afford protection for the individual against future major economic [changes]. ... It does not represent a complete solution of the problems of economic security, but it does represent a substantial, necessary beginning." - Frances Perkins, Secretary of Labor, speech on September 2, 1935
What is Perkins describing in this speech?
unemployment insurance
social security
New Deal
National Recovery Administration
According to the line graph, in which period did stock prices rise dramatically?
first half of the 1920s
second half of the 1920s
early years of the 1930s
between 1920 and 1921
According to the line graph, in which year did the average price per share of stock rise by approximately $100?
1927
1928
1929
1930
Based on the chart, how much would two quarts of milk, a dozen oranges, and nine pounds of potatoes have cost in 1933?
22 cents
47 cents
56 cents
65 cents
Based on the map, what most directly accounted for the negative population change for the states in the middle of the United States?
“Black Thursday”
Dust Bowl
Hawley-Smoot Tariff
election of 1932
Based on the map, which state’s population changed by more than 50 percent in the 1930s?
California
Florida
Kansas
Vermont
In how many of the years shown on the bar graph was the annual rainfall in Dodge City, Kansas, below the yearly average?
five
eight
ten
eleven
Based on the graph, Roosevelt came closest to losing the election in which year?
1932
1936
1940
1944
