What was a major drawback from the introduction of credit and installment buying?

Week 23: Roaring 20's and the Great Depression

Flashcard
•
Social Studies
•
5th Grade
•
Hard
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9 questions
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1.
FLASHCARD QUESTION
Front
Back
Overbuying sometimes led people into debt
2.
FLASHCARD QUESTION
Front
From 1921 to 1929, the average income per person rose from $522 to ____ a year.
Back
$716
3.
FLASHCARD QUESTION
Front
Which factor did NOT contribute to the economic suffering of American farmers? Options: The price of crops fell following WWI, Farmers had taken loans from banks to purchase land and equipment, Banks Seized land because of unpaid loans, Unemployed workers travelled the country by rail looking for work
Back
Unemployed workers travelled the country by rail looking for work
4.
FLASHCARD QUESTION
Front
October 29, 1929 was known as _____ after the prices of stocks fell sharply.
Back
Black Tuesday
5.
FLASHCARD QUESTION
Front
President Franklin D. Roosevelt created a plan to help Americans recover from the Great Depression called_____
Back
the New Deal
6.
FLASHCARD QUESTION
Front
Which of the following is the effect of factories producing more goods than they could sell? The Dust Bowl, Wages increased, Workers were laid off, The Great Depression
Back
Workers were laid off
7.
FLASHCARD QUESTION
Front
___ was the result of continually breathing air filled with dust.
Back
Dust pneumonia
8.
FLASHCARD QUESTION
Front
In what year did the severe drought begin in the Southern Plains region?
Back
1931
9.
FLASHCARD QUESTION
Front
What was one of President Roosevelt's greatest challenges when he was sworn in as president?
Back
Bring the country out of the depression
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