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9.2: The Great Depression
Quiz by Kelsey Johnson
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18 questions
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- Q1Huge economic downturn that left 25% of the population unemployedGreat Depression30s
- Q2beginning of the Great Depression in Oct. 1929; also known as "Black Tuesday," stock prices began to fall rapidly due to everyone wanting to sell their stocks; $40 bil were lostStock Market Crash30s
- Q3Overproduction, Underconsumption, Stock Market SpeculationCauses of the Great Depression30s
- Q4one of the causes of the Great Depression; more goods were being produced than could be consumedOverproduction30s
- Q5one of the causes of the Great Depression; the development of the national consumer market and the creation of consumer credit encouraged people to spend money they didn't haveOverspending in the 1920s30s
- Q6one of the causes of the Great Depression; everyone stopped buying goods, which led to companies laying off workers, which led to even less consumptionUnderconsumption30s
- Q7one of the causes of the Great Depression; people tried to buy goods and investments with money they did not have"Get Rich Quick" Attitudes30s
- Q8one of the causes of the Great Depression; people got loans to buy stocks; if the price of the stock rose, then they made money and could pay the loan back; if the price of the stock dropped, then they lost money and couldn't pay the loan backStock Market Speculation30s
- Q9one of the causes of the Great Depression; the wealth continued to get wealthy, but the poor stayed poorDisparity (Gap) in Wealth30s
- Q10one of the causes of the Great Depression; people tried to withdraw their savings, but banks did not have enough money so they closed; people lost their life savingsBank Panic/Failures30s
- Q11work relief programs like the Boulder Dam and the Golden Gate Bridge, loans to businesses; most people felt that it was too little, too lateHoover's response to the Great Depression30s
- Q12men abandoned families, teenagers left home to support themselves, rising crime rates, falling birth rates, fewer new marriages, higher suicide rates, increases of alcoholism, creation of Hoovervilles, increase in soup kitchens/bread linesSocial Impact of Widespread Unemployment30s
- Q13in the election of 1932, Hoover did not win re-election since the public blamed him for the Great Depression; instead Franklin Roosevelt (Democrat) wonPolitical Impact of Widespread Unemployment30s
- Q14Slums built during the Great Depression; the name was meant to cast criticism on President Hoover and his handling of the economic crisisHoovervilles30s
- Q15Severe dust storms that originated in the Great PlainsDust Bowl30s