Araling Panlipunan

Question 1

At the start of the Great Depression, Who was the president?

Answer 1

President Herbert Hoover

Question 2

First Cause of Depression

Answer 2

Buying on Credit

borrowing money

Question 3

Second Cause of Depression

Answer 3

Uneven Distribution of Wealth

rich got richer

Question 4

Third Cause of Depression

Answer 4

Stock Speculation (buying on margin & Black Tuesday)

Question 5

Fourth Cause of Depression

Answer 5

Agriculture Overproduction

Great dust bowl

Question 6

Fifth Cause of Depression

Answer 6

Collapsing of Banks

“Runs” on banks

Question 7

A long and severe recession in an economy or market which happened in 1929-1939

Answer 7

Great Depression

Question 8

This is NOT a LONG-TERM cause of the Great Depression

Answer 8

Stock Market Crash (Black Tuesday & Buying on Margin)

Question 9

The Great Depression began in what year?

Answer 9

The Year 1929

Question 10

The __________________ was the longest period of unemployment and low economic activity in the 1900’s.

Answer 10

Great Depression

Question 11

After the Stock Market Crash, many people lost their life savings because _______________.

Answer 11

Banks closed

Question 12

Which of the following was NOT an effect of the Great Depression?

a. high tariffs
b. bank failures
c. struggling farmers
d. homelessness

Answer 12

a. high tariffs

The high tariffs wasn’t one of the effects, it was one of the causes.

Question 13

Also known as the Great Crash, was a major American stock market crash that occurred in the autumn of 1929.

Answer 13

Wall Street Crash

Question 14

Month and Day that Stock Market Crashed.

Answer 14

October 29, 1929

Question 15

Generates electricity from the energy of flowing river water.

Answer 15

Hydroelectric Dam

Question 16

A time when business activity is very slow and people are out of work is known as a _____________.

Answer 16

Depression