Great Depression Review Question Preview (ID: 40739)


Great Depression Review. SC Standard 7.4-3. TEACHERS: click here for quick copy question ID numbers.

Which of the following was not a cause of the Great Depression?
a) The stock market crash
b) High unemployment
c) Closing of factories and banks
d) Great Britain's balanced budget

The Great Depression adversely affected Germany more than any other industrialized nation. What was the reason?
a) War Guilt Clause (Economic issues, political discontent)
b) Rise of the Communist Party
c) The rise of industry in Europe
d) Divine Right

Because of the economic issues that faced Germany, Italy and Japan, what happened in those countries?
a) They were ready to honor the Treaty of Versailles
b) They were willing to trade democracy for totalitarian governments
c) They wanted to maintain peace, even if it meant continuing economic depression
d) They signed peace treaties with former Allied powers

The country that tried to solve its depression by enacting protectionist policies and raising taxes to provide business loans was:
a) United States
b) Britain
c) Germany
d) Japan

Which statement best summarizes the problems that Germany faced after WWI?
a) Germans were excited to end war, and did not want to violate the Treaty of Versailles
b) Germany was concerned France would attack them
c) Germany's economy was strong, but they needed a new monarch
d) Germany faced high unemployment and inflation

Which of the following was NOT one of the three main goals of FDR's plan?
a) Rehire Hoover
b) Reform the financial system
c) Relief for the needy
d) Recovery for the economy

Which of the following was NOT included in the New Deal?
a) Created Jobs
b) Banking reforms
c) Promise to avoid war
d) Economic programs

What was FDR's plan to help Americans during the Great Depression called?
a) League of Nations
b) New Deal
c) Cougar Pride
d) Big Deal

After the stock market crash, what did it mean for customers if a bank closed down?
a) The government promised to repay them
b) They had to wait a little longer for the bank to repay them
c) They lost any savings that they had at that bank
d) The bank would pay them back part of their money

Which of the following describes why banks were affected by the Stock Market Crash?
a) The government decided to close all banks after the crash
b) Banks weren't trusted before the stock market crash, so people had not deposited any money
c) Banks would not loan any money
d) As stocks began falling, investors raced to banks to withdraw money to pay their loans

When stock prices began to dip, what best describes what stock holders did?
a) Investors did not worry so prices continued to drop
b) As prices fell, investors began buying more stock causing prices to fall very fast
c) Stock holders got nervous and began selling stocks, which caused prices to fall drastically
d) When stock prices began to fall, investors put their money in banks

Black Tuesday refers to what event?
a) The day that Great Britain declared war on Germany
b) The day that WWI started for the US
c) The date that Jewish shops and synagogues were destroyed in Germany
d) The day the Stock Market crashed in the US

What happened as a result of the Stock Market Crash of 1929?
a) The Great Depression
b) The Industrial Revolution
c) Economic Revival
d) The reelection of President Hoover

Which of the following trends during the 1920s set the stage for the Great Depression?
a) Americans buying too many goods on credit
b) Banks making safe loans
c) Americans refusing to invest in the Stock market
d) A lack of development of farmland in the midwest

Which of the following best describes the reasons why the US economy was stronger and more stable than other countries?
a) The US entered the war late and no fighting took place on American soil
b) The US had not sent supplies or aid to the Allies
c) The US refused to join the League of Nations
d) After the war, the US took an isolationist position

A huge economic change took place in the US when the economy went from boom to bust in 1929 and the early 1930s. Which of the following events took place first as the nation moved from economic prosperity to economic hardship?
a) Great Depression
b) Stock Market Crash
c) New Deal
d) Rise of totalitarian leaders

After the war, the German government began printing more and more money to try to pay their workers as well as the reparations they were forced to pay to the Allies. What happened as a result of Germany printing more money?
a) Germany was able to compete globally with other nations
b) German money became worthless
c) Germany became the wealthiest nation in Europe
d) Germany no longer needed to borrow money from the United States

After World War I, which country gave Germany a loan to help pay back the reparations they owed?
a) United States
b) Austria
c) Germany
d) Russia

Many governments were in economic trouble because of WWI. All of the following caused this problem except:
a) They didn't want to borrow money
b) Soldiers coming home to already filled jobs
c) Unemployment
d) Expense of war damage

The Great Depression affected:
a) United States ONLY
b) Europe ONLY
c) NEITHER the United States nor Europe
d) BOTH the United States and Europe

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