Great Depression Causes - BrainPop

Front

Which of the following is a true statement about Black Tuesday? It was a direct cause of the Great Depression., It was a result of a steady decline in demand for stocks in the previous 12 months., It was a cause of the underlying problems that led to the Great Depression., It was caused by a Dust Bowl that wiped out farms in the Midwest.

Back

It was a result of a steady decline in demand for stocks in the previous 12 months.

Front

What caused Herbert Hoover to raise taxes during the Great Depression?

Back

He wanted to balance the federal government's budget.

Front

Which of the following trends set the stage for the Great Depression?
Americans building up personal debt,
Banks making a lot of very safe loans,
Americans refusing to play the stock market,
A lack of developed farm land in the Midwest and Great Plains

Back

Americans building up personal debt

Front

How do the Federal Reserve and the government respond to economic slow downs today?

Back

They make money available to individuals and businesses.

Front

What can you infer about the federal government's economic policies during the Roaring Twenties?

Back

It encouraged spending.

Front

Which of the following problems was a key factor that helped lead to both the Great Depression of the 1930s and the economic recession that began in 2008? Americans were going to too many jazz concerts, Business was booming, and profits were distributed equally among workers and managers, America was mired in costly wars at both times, Americans were spending too much money they didn't have

Back

Americans were spending too much money they didn't have

Front

Which of the following is an opinion about credit? During the 1920s, people could buy stock on credit., Credit makes it easier for people to buy things they can't afford, We would be better off if credit cards were never invented, The easy availability of credit during the 1920s led to an increase in debt.

Back

We would be better off if credit cards were never invented

Front

Which of the following choices describes a recession? Supply is greater than demand, Demand is greater than supply, Demand increases very quickly, Supply decreases very quickly

Back

Supply is greater than demand

Front

Why did so many banks fail during the Great Depression?

Back

The bank had made risky loans that weren't paid back.

Front

What do most historians credit with ending the Great Depression? Options: The election of Franklin D. Roosevelt in 1932, The end of World War I, The passage of the National Recovery Act of 1933.

Back

Massive government spending in preparation for World War II