Great Depression Test Review

Front

What was the Great Migration?

Back

The relocation of African Americans from the South to northern and western cities

Front

What was one result of the Great Migration?

Back

Increased job opportunities for African Americans

Front

What does owning a stock mean?

Back

Ownership of shares in a company

Front

When did the Great Depression begin?

Back

1929

Front

What event marked the beginning of the Great Depression? Options: The Dust Bowl, World War I, The Stock Market Crash, The signing of the New Deal

Back

The Stock Market Crash

Front

What nickname was given to the day of the Stock Market Crash?

Back

Black Tuesday

Front

What was a major cause of the Stock Market Crash of 1929? Options: People buying stocks with cash, Strict bank regulations, Lack of agriculture production, Buying stocks on credit

Back

Buying stocks on credit

Front

What does it mean to buy stocks on margin?

Back

Borrowing money to buy a stock

Front

What was a key cause of the Great Depression related to consumer behavior? Options: High taxes, Overuse of credit and installment buying, Too much savings, Increase in exports

Back

Overuse of credit and installment buying

Front

Why did farmers struggle economically in the 1920s and 1930s?

Back

There was an oversupply of farm products