Great Depression Review

Front

The period of time that was known for a booming economy was

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1920s

Front

Which 1930s were known as the Great Depression because...?

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of widespread economic hardship

Front

What was NOT a major impact of the Great Depression? Options: Bank failures, Widespread poverty, Decline in industrial output

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Increased employment

Front

When the Stock Market crashed in October 1929, many investors raced to

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sell their stocks

Front

A major environmental crisis of the 1930s was the

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Dust Bowl

Front

Which was a sign that the economy was becoming unhealthy in the late 1920s? Options: Stock market speculation, Increased agricultural production, Rising employment rates, Stable housing prices

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Stock market speculation

Front

Who was most hurt by the Dust Bowl?

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Farmers

Front

Which was a cause of the Great Depression? Options: The Industrial Revolution, World War II, Stock market crash, The Renaissance

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Stock market crash

Front

How did the stock market crash impact businesses and factories?

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Led to closures

Front

Thousands of American banks closed because they ran out of cash.

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Ran out of cash