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Great Depression Quiz

Terms in this set (20)

What occurred on October 29, 1929
Stock Market Crash
Black Tuesday
Beginning of a depression
All of the above

All of the above
The stock market crash triggered the beginning of the Great Depression, the worst economic crisis in U.S history. Which factor did not contribute to the crash?
Too many ordinary people owning stock
After the stock market crash, banks
Lost money and closed
Which was a weakness in the economy and one of the causes of the Great Depression?
Risky bank practices
______ is the Gross National Product.
The total value of goods and services produced annually
Which group experienced falling incomes, a credit crisis, and a poor standard of living in the years before the Great Depression began?
Farmers
What was one impact of the stock market crash and the Depression on American society?
Record high rates of unemployment
Which of the following did not contribute to the Dust Bowl conditions in the Plains states?
Clear-cutting of the region's forests
How did many plains farmers respond to the challenges they faced during Dust Bowl conditions?
They left for California in hopes of starting a new life.
Which of the following are Dust Bowl state(s)?
Missouri
Kansas
Oklahoma
All of the above

All of the above
What was one effect of the Great Depression on the lives of ordinary Americans?
Thousands of people lived in makeshift shantytowns.
How were the American people and businesses affected by the Depression?
Businesses laid off workers or closed down
Families had little cash to buy goods
People lost their savings due to bank failures
All of the above

All of the above
Who wrote The Grapes of Wrath?
John Steinbeck
What was the name given to a group of veterans who congregated at the White House to ask for their bonus?
Bonus Army
What did Herbert Hoover believe was the job of the government?
To interfere as little as possible
What effect did Herbert Hoover's philosophy of government have on the federal response to the economic crisis?
His belief that the federal government could not give direct aid to individuals left millions without help.
Which was not a response taken during the Hoover administration in an attempt to turn the economy around?
Family Assistance Act to provide direct monetary aid to families
Herbert Hoover set up this entity to provide businesses loans
RFC
What is one reason government intervention proved necessary during the Great Depression?
Bank failures and credit problems meant spiraling unemployment, home losses, and business failures.
Why was there resistance to federal government intervention in the early years of the Great Depression?
Hoover's predecessors had taken a hands-off approach to business, with which he agreed.
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