Great Depression

What was a result of the slowing of the economy during the late 1920s?

• Jobs became available.

• Factories overproduced products.

• Stockholders and investors began selling their stocks.

• People used the installment plan.

What happened to bank customers in the 1930s?

• The asked the bank for loans to buy stocks.

• They earned interest on their savings accounts.

• They sold their houses to the bank for a profit.

• Many of them lost their savings when the banks closed.

What was a result of bank failures?

• Stock prices increased.

• People deposited more money.

• People lost confidence in the banking system.

• Unemployed workers were able to pay their loans.

Which best completes the chart as a cause of the Great Depression?

• Farm prices decreased.

• Factory wages were high.

• Unemployment was on the rise.

• Factories overproduced products.

Why were the shantytowns built by the poor called "Hoovervilles"?

• The American people blamed Herbert Hoover for not helping them.

• Herbert Hoover helped build the towns.

• The American people wanted to honor Herbert Hoover by building a town named after him.

• Roosevelt built the towns to help win the election against Hoover.

President Hoover believed the American people should ____.

• fight harder.

• get a job.

• help themselves.

• build a park.

According to the passage, why was life hard during the Great Depression?

• People did not have any money or any way to make money.

• The Roaring 20s were over.

• The economic boom ended.

• The value of the stock exchange went down.

Which detail from the passage best supports that people did not have any money or any way to make money?

• "The United States did not fully recover from the Great Depression until the beginning of World War II."

• "People had trouble finding work and even finding food."

• "By 1933, the money value of the New York Stock Exchange was only one fifth of what it had been in 1929."

• "All of a sudden, the economic boom of the 1920s ended."

Based on the information that is shown, what would be a good title for this graph?

• Factory Production During the Early 1900s

• The New Deal of the 1930s

• The Rise of Unemployment

• The Stock Market Crash

What region of the United States is highlighted on the map?

• The Atlantic Coast

• The Rocky Mountains

• The Great Plains

• The Pacific Northwest