Great Depression Review

Farmers did not share in the prosperity in the 1920’s because…
Make enough money on their crops to pay off debts

The Great Depression affected…
The global economy

Which of the following declined sharply on Black Tuesday?
Stock Prices

Stock speculation became common because…
Stock prices kept going up

Which economic factors led to the Great Depression?
Overproduction, Disparity of wealth, limited money supply, and high stock speculation

Many homeless people struggled to survive by…
Building hoovervilles

In the Early 1930’s, many families survived by…
Getting food from soup kitchen and bread lines

During the Great Depression, Minority groups…
Often were the last hired and the first fired

At the on onset of the Great Depression, urban unemployment…
Increase dramatically

Which factors contributed to the Dust Bowl?
Draught, dust storms and intensive farming

Localism emphasized the powers of the…
State governments

President Hoover’s Policies appeared to have failed because…
Unemployment rates kept rising

The RFC most benefited…
Banks

President Hoover followed a hands-off policy at the start of the Great Depression because he…
Viewed the upswings and downswing of business cycles as natural happening

What group of people marched in Washington, D.C. after World War I?
World War I Veterans

During the 1920’s most Americans considered the nation’s economy to be…
Growing

The average Americans were able to buy more consumer goods during the 1920’s because of…
Rising wages and easy credit

Which of these factors contributed to wealth disparity in the 1920’s?
Huge Corporate Profits

What participated the stock market Crash?
Loss of investor confidence

Which circumstance contributed to the collapse of the banking system?
Not enough money was in circulation

Congress passed the Hawley-Smoot Tariff to…
Protect prices on American Goods

Europe responded to the Hawley-Smoot Tariff by…
Rising Prices on American imports

Workers who kept their jobs during the Great Depression often…
Faced Wage and hour cuts

Which group of people built Hoovervilles
Homeless People

Most farmers who left the dust bowl set out for which state?
California

Which human and geographic factors combine to cause the Dust Bowl?
Intensive farming practices and Drought

Approximately how many people fled the Great Plains because of the Dust Bowl?
Hundreds of Thousands

What effect did the Great Depression have on Minority Groups?
Discriminatory practices worsened during the Great Depression

President Hoover was very committed to policy based on which of the following…
Volunteerism

Hoover expressed that government should…
Maintain a largely hands off approach

Hoover believed that a trickle down economic policy would…
Stimulate Economic Growth

The Great Depression caused many Americans to doubt which economic system?
Capitalism

Ultimately President hoovers response so the Great Depression led to…
The election of a new president

The Hawley-Smoot tariff is an example of a…
Protective tariff

What did depression era economist John Maynard Keynes recommended that the government do to stop the great depression
Recommended that the government spend more money to keep people employed

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Which group experienced an early depression in the 1920s? Farmers During the 1920s the United States economy moved through which phase of the business cycle? Expansion WE WILL WRITE A CUSTOM ESSAY SAMPLE ON ANY TOPIC SPECIFICALLY FOR YOU FOR …

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Which group experienced an early depression in the 1920’s? Farmers During the 1920’s, the United States economy moved through which phase of the business cycle? Expansion WE WILL WRITE A CUSTOM ESSAY SAMPLE ON ANY TOPIC SPECIFICALLY FOR YOU FOR …

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