Chapter 30: The Great Depression

1. 1First Thing to write about Chapter 30 The Great Depression?

   1. AGovernment Actions Makes a Bad situation Worse
   2. BShaky Stock Market leads to Bank Crisis
   3. CToo Much For Sale Too Little to
      Spend
2. 2Borrowing Money was easy to do in the 1920's leading to [blank_start]Buying on Margin[blank_end]?

   1. ABuying on Margin
3. 3After Black Tuesday, it was clear to many investors that a [blank_start]Bear Market[blank_end]
   had begun.

   1. ABear Market
4. 4Banks caught same fever as everyone in Stock
   Market.

   1. ATrue
   2. BFalse
5. 5Bank runs were a result of the Stock Market crash making the banks looking [blank_start]like a unsafe place to keep money stored[blank_end].

   1. Alike a unsafe place to keep money stored
6. 6What's the second thing you right about after the Shaky Stock Market leads to Bank Crisis?

   1. AToo Much for Sale Too Little to Spend
   2. BGovernment Actions Makes a Bad Situation Worse
7. 7Why did overproduction happen?

   1. ABecause Industries could overproduce.
   2. BMany industries used the assembly-line method of mass production
   3. CAll of the above
8. 8Underconsumption was a result of?

   1. AThe buying spree coming to an end, everyone had bought what they needed or already wanted by then.
   2. BDebt and lack of necessity in materials.
   3. CAll of the Above
9. 9Underconsumption hit businesses first.

   1. ATrue
   2. BFalse
10. 10Employment resulted from Underconsumption.

    1. ATrue
    2. BFalse

11. 11Congress was blamed by economists for [blank_start]raising the discount rate[blank_end].

    1. Araising the discount rate
12. 12The Federal reserve [blank_start]manages the nation's money supply[blank_end].

    1. Amanages the nation's money supply
13. 13Congress was blamed for making a bad situation worse due to them passing the [blank_start]Hawley-Smoot Tariff Act[blank_end].

    1. AHawley-Smoot Tariff Act
14. 14The Hawley-Smoot Tariff Act [blank_start]triggered a trade war[blank_end], spreading the Great Depression.

    1. Atriggered a trade war
15. 15One way the Federal Reserve manages the money supply is by [blank_start]setting the discount rate[blank_end].

    1. Asetting the discount rate

Description

High School Diploma History (Chapter 30: The Great Depression) Quiz on Chapter 30: The Great Depression , created by Michelle M on 08/03/2016.

Author

Michelle M

Language

English

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