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WorksheetsThe great depression
Total questions: 17
Worksheet time: 9mins
Which of the following was NOT a cause of the Great Depression?
Over speculation on stocks using borrowed money
High tariffs discourage international trade
Unpaid debts from fighting World War I
Too much debt from buying goods on installment
How did the Great Depression affect workers?
One-half of workers were unemployed
Workers incomes rose to high levels
One-tourth or workers were without lobs
Workers were able to afford luxury items
Who was president at the time of the Stock Market Crash of 1929?
Franklin D. Roosevelt
Herbert Hoover
Margaret Mitchell
Jessie Owens
The president who promised the people a "New Deal" during the Great Depression.
Jessie Owens
Herbert Hoover
Franklin D. Roosevelt
George Washington
During the Great Depression people were worried because the economy was doing poorly. How did this fear affect their consumption or goods?
People consumed more things because they thought they would not be able to buy them later.
People consumed fewer things because thev wanted to save as much money as they could
People consumed more things because they wanted businesses to do better.
People consumed more things because they wanted businesses to do better.
Which was NOT a LONG-TERM cause of the Great Depression?
Buying stock on margin
Stock market crash (Black Tuesday)
Too much production and consumer spending
Laisezz-faire economic policies
The Great Depression began in
1925
1929
1932
1940
After the Stock Market Crash, many people lost their lIfe savings because…
Banks closed
Banks gave away their money
They could not remember where they put it
Someone stole it
Which economic factor contributed most directly to the start of the Great Depression?
Low worker productivity
High income taxes
Decreasing tariff rates
Buying stocks on margin
Which of the following were effects of the Great Depression?
Homelessness
Bank failures
High tariffs
Struggling farmers
Pick the best answer. Over-production of what led to the Great Depression?
Farm goods
Consumer goods
Farm and consumer goods
iPhones
In the 1930's, people would line up at _____ to get food. There were no mally run by charities.
Churches
Businesses
Soup kitchens
Work
The purpose of the New Deal program was to...
Improve working conditions in factories
Stop the sale of alcohol in states
End discrimination against African Americans
Help the nation recover from the Depression
What is another name for the Stock Market Crash?
Black Friday
Taco Tuesday
Black Tuesday
Throwback Tuesday
This caused many businesses to close, because they were producing more goods than consumers were willing to buy.
Overproduction
Underconsumption
Buying on Credit
Stock Speculation
The process of taking money borrowed from the bank or a broker, and putting it into the stock
market
Buying on Margin
Speculation
Buying on Credit
Overconsumption
When the purchase of goods and services is at a lower level then the supply (not enough goods are
being purchased by consumers)
Underconsumption
Overproduction
Speculation
Buying on Margin
