
7th History Chapter 17:
Quiz by FCA History and Science
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Match the term with its description
Which period of history does the following description describe?
Collapse of the US stock market in 1929
Period of worldwide economic stagnation and depression
Heavy borrowing by European nations from USA during WW1 contributed to instability in European economies.
Sharp declines in income and production as buying and selling slowed down.
Widespread unemployment, countries raised tariffs to protect their industries.
America stopped investing in Europe.
Lead to loss of confidence that economies were self adjusting.
President Herbert Hoover was blamed for it.