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Unit 12 - Great Depression
Test Description: Review
Instructions: Answer all questions to get your test result.
1) Time period that began with the crash of the stock market where there was high unemployment, low economic activity, and lasted more than 10 years
A
Great Depression
B
WWI
C
Stock Market
D
New Deal
2) Prior to the Great Depression, people purchased ____ using credit or on margin. This caused the Stock Market to crash in 1929
A
protectionism
B
stocks
C
inflation
D
credit/on margin
3) This is the place where stocks are bought and sold
A
New Deal
B
expansionism
C
Black Tuesday
D
Stock Market
4) Prior to the Great Depression, people would buy things ____ because they didn't have the money.
A
recession
B
credit/on margin
C
inflation
D
stocks
5) This event began or sparked the Great Depression.
A
WWI
B
New Deal
C
Stock Market Crash
D
WWI
6) On _____ the Stock Market Crashed and began the Great Depression.
A
Black Saturday
B
Black Friday
C
Black Thursday
D
Black Tuesday
7) President Franklin Roosevelt developed a plan, ____, to help the U.S. get out of the Great Depression.
A
hyperinflation
B
protectionism
C
expansionism
D
New Deal
8) Great Britain used the economic policy of ____ to get out of the Great Depression. They decided to only purchase/buy what was created by Britain, not by trading with other countries.
A
hyperinflation
B
protectionism
C
New Deal
D
expansionism
9) Japan used the policy of ____ to gain territory from other countries for economic and political gain. This allowed them to become a world power.
A
hyperinflation
B
New Deal
C
expansionism
D
protectionism
10) The economic downturn at the beginning of the 1900s was called -
A
the Russian Revolution
B
the League of Nations
C
the Great Depression
D
the Weimar Republic
11) Which of the following best describes most of Europe following WWI?
A
The Bolsheviks took control over most of Europe and did not suffer an economic depression
B
European countries had huge debts and high unemployment due to the war
C
European countries began to produce most of the world's manufactured goods
D
European countries were able to avoid the depression because they didn't play a big role in the war
12) What was Germany's response to not being able to pay war reparations after WWI?
A
Germans moved to the United States to escape war reparations
B
They printed more money
C
Germany began gold mining
D
They took over small countries for riches
13) Which of the following was NOT a program of the New Deal?
A
banning trade with totalitarian governments
B
building bridges, roads, national parks
C
reformed banks and how farming was done
D
creating agencies for new jobs
14) Which description below is referring to protectionism?
A
a country creates new policies and agencies to create jobs
B
a country begins to create colonies for new markets and raw materials
C
a country bans trading with other countries to focus on creating,buying and selling its own products
D
a country begins to take over countries to build their economy
*select an answer for all questions
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