The Great Depression

Question 1

What were the 3 causes of the Great Depression?

Answer 1

Credit, Stock Market Crash, Corruption

Question 2

Explain the Stock Market Crash.

Answer 2

People purchased stocks with credit, got scared and sold their stocks. There was no money to pay people their money

Question 3

Define The Great Depression

Answer 3

The time in American history when the U.S. was at it’s lowest point.

Question 4

Define Black Tuesday

Answer 4

October 29, 1929 when the stock market crashed. It was the official start of the Great Depression,

Question 5

Which of the following would MOST contribute to people living beyond their means?

Answer 5

Credit

Question 6

What caused millions to lose their family wealth during The Depression?

Answer 6

All of the above

Question 7

Ownership in shares of a company or corporation

Answer 7

Stocks

Question 8

Songs such as “Brother, Can you spare a dime” which tell an important story are called

Answer 8

Oral History

Question 9

Which of the following European country faced the greatest economic challenges after WW I?

Answer 9

Germany

Question 10

Although Europe had severe economic problems the United States was experiencing which of the following directly after WW I?

Answer 10

Economic success