Great depression stuvia - Study guides, Class notes & Summaries
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The Great Depression Test with Complete Solutions(SCORED A+)
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Credit - ANSWER-An arrangement in which a buyer pays later for a purchase, often on an installment plan with interest charges. 
 
speculation - ANSWER-An involvement in risky business transactions in an effort to make a quick or large profit. 
 
buying on margin - ANSWER-An option that allowed investors to purchase a stock for only a fraction of its price and borrow the rest 
 
Dow Jones Industrial Average - ANSWER-The average cost of 30 selected stocks, used to give an indication of the directi...
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The Great Depression - 5th Grade with Complete Solutions(GRADED A+)
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Black Tuesday - ANSWER-In October 1929, this is the day the stock market crashed, signaling the start of the Great Depression 
 
Great Depression - ANSWER-In the 1930s, this was a period of low general economic activity marked especially by rising levels of unemployment. 
 
New Deal - ANSWER-A plan by President Franklin Roosevelt to help the economy recover during the Great Depression. 
 
stock market - ANSWER-A system for buying and selling shares of companies 
 
stock market crash - ANSWER-(Oc...
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The Great Depression Exam Questions and Answers 100% Correct(SCORED A+)
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During the Great Depression , unemployment reached___ percent. - ANSWER-25% 
 
Which of the following groups did NOT respond with aid during the years of the Depression? - ANSWER-The American Red Cross 
 
Hoovervilles were.. - ANSWER-slums 
 
Which of the following was not a source of entertainment during the 1930's ? - ANSWER-television 
 
which statement does NOT correctly describe the Bonus Army ? - ANSWER-They were supported by Herbert Hoover and Genera Mac Arthur 
 
Racism and discriminati...
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1930s The Great Depression Questions & Answers(SCORED A)
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What were the 7 major causes if the Great Depression? -ANSWER 1. Stock Market Crash 
2. Bank Failures 
3. Hawley Smoot Tariff 
4. Buying on Credit in the 20s 
5. Dust Bowl 
6. Gap Between Rich and Poor 
7. Reduction in Purchasing - over production and under consumption 
 
What were 3 effects of the Great Depression? -ANSWER 1.Unemployment 
2. Homelessness 
3. Children had Poor Diets 
4. People lost their life savings 
5. Hobos 
 
During the Great Depression, prior to the creation of the FDIC, wh...
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The Great Depression and the New Deal - Module #1 Exam Questions and Answers 100% Correct(SCORED A+)
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How did FDR try to move Americans out of their isolationism? - ANSWER-He insisted that they had a role to play in world affairs. 
 
Which programs illustrate Hoover's desire to have industries help themselves? - ANSWER-the Federal Farm Board and the National Credit Corporation 
 
What is inflation? - ANSWER-when a nation prints money just to put it in circulation, and that money loses value 
 
What were Americans most worried about by 1932? - ANSWER-The government was powerless and society coul...
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The Great Depression Questions & Answers(RATED A)
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Great Depression -ANSWER (1929-1939) The dramatic decline in the world's economy due to the United State's stock market crash of 1929, the overproduction of goods from World War I, and decline in the need for raw materials from non industrialized nations. Results in millions of people losing their jobs as banks and businesses closed around the world. Many people were reduced to homelessness, and had to rely on government sponsored soup kitchens to eat. World trade also declined as many countri...
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The Great Depression Practice Test with Complete Solutions(SCORED A+)
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Which group experienced an early depression in the 1920s? - ANSWER-farmers 
 
During the 1920s, the United States economy moved through which phase of the business cycle? - ANSWER-expansion 
 
In 1929, the stock market crashed because - ANSWER-investors lost confidence in the market and rushed to sell their shares 
 
Which factor contributed to the spread of the Great Depression overseas? - ANSWER-The United States curtailed investment in Europe 
 
What does this photograph show? - ANSWER-the Du...
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The Great Depression and the New Deal Exam Questions and Answers 100% Correct(SCORED A+)
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What activity did electric appliances and other goods marketed in the 1920s fuel? - ANSWER-consumerism 
 
President Coolidge's decision to reduce federal regulation of business was an attempt to reverse what trend? - ANSWER-Progressivism 
 
How did stock speculation endanger the economy? - ANSWER-It made companies seem like they were more valuable than they really were. 
 
What is inflation? - ANSWER-when a nation prints money just to put it in circulation, and that money loses value 
 
How did...
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Great Depression : History Questions & Answers (RATED A)
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What years did the Great Depression occur? -ANSWER 1929-1939 
 
Explain what was occurring related to consumer spending and stock prices in the summer of 1929? -ANSWER consumer spending and investment dropped, unsold goods piled up, lost jobs and stock prices rose 
 
What happened after the stock market crashed? -ANSWER No one had confidence, factories and businesses slowed production, company's fired workers, wages dropped 
 
What helped to spread the economic crisis of the Great Depression to...
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Great Depression Questions & Answers (RATED A)
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Great Depression -ANSWER A severe, world wide economic crisis which lasted from the end of 1929 to the outbreak of World War II. 
 
installment plan -ANSWER A payment plan that allows customers to make payments at set intervals over a period of time until the total debt is paid 
 
credit -ANSWER An arrangement to receive cash, goods, or services now and pay for them in the future. 
 
investors -ANSWER Groups of individuals who invest their money in various types of companies in search of making ...
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