wayground logo

Free Printable Worksheets

Font size

S
M
L
XL
Worksheets

The great depression

Total questions: 17

Worksheet time: 9mins

Name
Class
Date
1.

Which of the following was NOT a cause of the Great Depression?

a)

Over speculation on stocks using borrowed money

b)

High tariffs discourage international trade

c)

Unpaid debts from fighting World War I

d)

Too much debt from buying goods on installment

2.

How did the Great Depression affect workers?

a)

One-half of workers were unemployed

b)

Workers incomes rose to high levels

c)

One-tourth or workers were without lobs

d)

Workers were able to afford luxury items

3.

Who was president at the time of the Stock Market Crash of 1929?

a)

Franklin D. Roosevelt

b)

Herbert Hoover

c)

Margaret Mitchell

d)

Jessie Owens

4.

The president who promised the people a "New Deal" during the Great Depression.

a)

Jessie Owens

b)

Herbert Hoover

c)

Franklin D. Roosevelt

d)

George Washington

5.

During the Great Depression people were worried because the economy was doing poorly. How did this fear affect their consumption or goods?

a)

People consumed more things because they thought they would not be able to buy them later.

b)

People consumed fewer things because thev wanted to save as much money as they could

c)

People consumed more things because they wanted businesses to do better.

d)

People consumed more things because they wanted businesses to do better.

6.

Which was NOT a LONG-TERM cause of the Great Depression?

a)

Buying stock on margin

b)

Stock market crash (Black Tuesday)

c)

Too much production and consumer spending

d)

Laisezz-faire economic policies

7.

The Great Depression began in

a)

1925

b)

1929

c)

1932

d)

1940

8.

After the Stock Market Crash, many people lost their lIfe savings because…

a)

Banks closed

b)

Banks gave away their money

c)

They could not remember where they put it

d)

Someone stole it

9.

Which economic factor contributed most directly to the start of the Great Depression?

a)

Low worker productivity

b)

High income taxes

c)

Decreasing tariff rates

d)

Buying stocks on margin

10.

Which of the following were effects of the Great Depression?

a)

Homelessness

b)

Bank failures

c)

High tariffs

d)

Struggling farmers

11.

Pick the best answer. Over-production of what led to the Great Depression?

a)

Farm goods

b)

Consumer goods

c)

Farm and consumer goods

d)

iPhones

12.

In the 1930's, people would line up at _____ to get food. There were no mally run by charities.

a)

Churches

b)

Businesses

c)

Soup kitchens

d)

Work

13.

The purpose of the New Deal program was to...

a)

Improve working conditions in factories

b)

Stop the sale of alcohol in states

c)

End discrimination against African Americans

d)

Help the nation recover from the Depression

14.

What is another name for the Stock Market Crash?

a)

Black Friday

b)

Taco Tuesday

c)

Black Tuesday

d)

Throwback Tuesday

15.

This caused many businesses to close, because they were producing more goods than consumers were willing to buy.

a)

Overproduction

b)

Underconsumption

c)

Buying on Credit

d)

Stock Speculation

16.

The process of taking money borrowed from the bank or a broker, and putting it into the stock

market

a)

Buying on Margin

b)

Speculation

c)

Buying on Credit

d)

Overconsumption

17.

When the purchase of goods and services is at a lower level then the supply (not enough goods are

being purchased by consumers)

a)

Underconsumption

b)

Overproduction

c)

Speculation

d)

Buying on Margin