Unit 12 - Great Depression Question Preview (ID: 49902)
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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) Stock Market
c) WWI
d) New Deal
Prior to the Great Depression, people purchased ____ using credit or on margin. This caused the Stock Market to crash in 1929
a) inflation
b) credit/on margin
c) protectionism
d) stocks
This is the place where stocks are bought and sold
a) New Deal
b) Stock Market
c) Black Tuesday
d) expansionism
Prior to the Great Depression, people would buy things ____ because they didn't have the money.
a) inflation
b) credit/on margin
c) stocks
d) recession
This event began or sparked the Great Depression.
a) Stock Market Crash
b) New Deal
c) WWI
d) WWI
On _____ the Stock Market Crashed and began the Great Depression.
a) Black Friday
b) Black Tuesday
c) Black Thursday
d) Black Saturday
President Franklin Roosevelt developed a plan, ____, to help the U.S. get out of the Great Depression.
a) protectionism
b) expansionism
c) New Deal
d) hyperinflation
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) expansionism
b) hyperinflation
c) protectionism
d) New Deal
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) protectionism
b) expansionism
c) hyperinflation
d) New Deal
The economic downturn at the beginning of the 1900s was called -
a) the Great Depression
b) the Russian Revolution
c) the Weimar Republic
d) the League of Nations
Which of the following best describes most of Europe following WWI?
a) European countries began to produce most of the world's manufactured goods
b) European countries had huge debts and high unemployment due to the war
c) European countries were able to avoid the depression because they didn't play a big role in the war
d) The Bolsheviks took control over most of Europe and did not suffer an economic depression
What was Germany's response to not being able to pay war reparations after WWI?
a) They took over small countries for riches
b) Germany began gold mining
c) Germans moved to the United States to escape war reparations
d) They printed more money
Which of the following was NOT a program of the New Deal?
a) creating agencies for new jobs
b) banning trade with totalitarian governments
c) building bridges, roads, national parks
d) reformed banks and how farming was done
Which description below is referring to protectionism?
a) a country bans trading with other countries to focus on creating,buying and selling its own products
b) a country creates new policies and agencies to create jobs
c) a country begins to take over countries to build their economy
d) a country begins to create colonies for new markets and raw materials
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