Causes of the Great Depression

Causes of the Great Depression

Poll

How much do you know about what caused the Great Depression?

• I know a lot about the causes of the Great Depression.

• I've heard of the Great Depression, but don't know what caused it.

• No idea what caused the Great Depression.

Multiple Choice

Why were people going into debt?

• They were buying new consumer goods on credit

• They were eating out in restaurants too much

• They were losing their jobs

Multiple Choice

What is the stock market?

• Depositing money in a bank

• Companies sell their new products to consumers on credit

• Companies sell stocks in their business to get money from outsiders

Multiple Choice

Stockholders realized they owed more money than what the stock was worth and started to panic.

• stock market started making more money

• people bought more stock on credit

• stock market crashed

• buying consumer goods balanced it out

Multiple Choice

Where banks put their money. It is also the bank for the US Government

• Federal Reserve Bank

• Wells Fargo

• stock market

Multiple Choice

Why did tariffs on other countries make the Great Depression worse?

• Other countries bought too many stocks

• There wasn't as much trade between countries

• Banks closed

Multiple Select

Check two reasons how Americans were affected.

• One fourth of workers lost their jobs

• They were making large sums of money in the stock market

• Large numbers of people were jobless and homeless

• Farmers were making a lot of money from their crops

Multiple Choice

Why did farmers' income fall to low levels?

• Farmers were selling off land to the Federal Reserve

• They were growing more product than they could sell

• They were getting a high price for their crops

Poll

How well do you think you know the causes and impact of the Great Depression?

• I would get an A on a test, if I took it right now.

• I'm feeling ok, but need a little more work on it.

• I am so confused.