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SMC and Great Depression

Total questions: 13

Worksheet time: 11mins

Name
Class
Date
1.

Why did many factories have to lay off many of their workers?

a)

Their products were no longer needed in the 1930's.

b)

The workers were not working the way they should have been.

c)

The factories were producing more goods than they were able to sell.

2.

If you own a share of a stock,

a)

you are part owner of that company.

b)

you can run the company.

c)

you can hire and fire people to work at the company.

d)

you have an office at the company.

3.

What date did the stock market crash?

a)

November 27, 1976

b)

July 16, 1928

c)

October 21, 1921

d)

October 29, 1929

4.

What is another name for the day that the stock market crashed?

a)

Blue Wednesday

b)

Black Friday

c)

Black Tuesday

d)

Red Monday

5.

Because the stock market crashed,

a)

many people lost ALL of their money.

b)

many people went out and bought all they could afford.

c)

many people moved to the country.

6.

Many people had bought their stocks on ______ , or borrowed their money from the bank.

a)

checks

b)

credit

c)

debit

7.

When customers rushed to the banks to take out their money in the panic of the crash, they found

a)

that banks didn't have enough money to give them.

b)

that the line was too long and they went home.

c)

that bankers were using an assembly line to distribute their money.

d)

that the banks doors were locked and they couldn't get in.

8.

At the beginning of the Great Depression, which president did many Americans blame for their problems?

a)

President Franklin D. Roosevelt

b)

President Theodore Roosevelt

c)

President Woodrow Wilson

d)

President Herbert Hoover

9.

What were two basic causes of the Dust Bowl during the early 1930s?

a)

strip mining and toxic waste dumping

b)

over farming and severe drought

c)

clear-cutting of forests and construction of railroads

d)

overpopulation and urban sprawl

10.

How did an economic recession help cause the Great Depression?

a)

Americans bought less, causing less demand for goods

b)

Bank runs caused depositors to withdraw all their money from banks

c)

The market bubble popped, crashing Wall Street

d)

Low interest rates encouraged risky speculation

11.

When farms in the central part of the country had been overworked and a major drought occurred what geographic event happened?

a)

World War 1

b)

The Dirt Pile

c)

The Dust Bowl

d)

World War 2

12.

The time period in the 1930’s where millions of Americans had lost their jobs and had no money became known as what?

a)

The Great Problem

b)

The Great Disaster

c)

The Great Depression

13.

People who were affected by the Great Depression would live in cardboard homes and use newspaper for blankets. These towns became known as what?

a)

Poorvilles

b)

Hoovervilles

c)

Franklinville